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Rand tanks as Public Protector opens Pandora's box on currency laws
June 20, 2017--The rand has tanked after Public Protector Busisiwe Mkhwebane recommended changes to the Constitution that would see the removal of a clause to protect the currency.
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Source: FIN24
Gold bloodbath continues but calm returns to JSE resources
June 19, 2017--Calm has returned to the JSE's resources sector on news that implementation of the Mining Charter could be postponed, but gold shares have continued to drop sharply.
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Source: FIN24
JSE bruised as mining stocks hit by new charter
June 16, 207--The JSE has closed significantly lower ahead of the long weekend, with mining stocks feeling the pain following the release of a redrafted mining charter.
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Source: FIN24
Markets bloodbath as Zwane shocks mining sector
June 15, 2017--The rand dived almost 2% and mining firms saw about R30bn shaved off their combined market capitalisation after Mines Minister Mosebenzi Zwane announced a new stringent mining law.
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Source: FIN24
2017 IRMSA Risk Report
June 15, 2017--The Institute of Risk Management South Africa (IRMSA) is proud to announce the launch of the third South African Risk Report.
After an extensive period of interaction with IRMSA members, other professional bodies and subject matter experts, through online surveys, events throughout 2016 and other engagements, the Risk Intelligence Committee is assured that the report highlights the most significant risks relevant to South Africa and will assist Risk Managers and business leaders within their organisations with decision making for 2017.
view the 2017 IRMSA Risk Report-South African Risk Report 2017
Third Edition
Source: IRMSA
JSE softens on stronger rand, while strong retail data surprises
June 14, 2017--The rand continued to strengthen on the back of improved retail sales data.
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Source: FIN24
Rand breaks below R12.60/$ on poor US data
June 14, 2017--The rand has strengthened almost 1.5% after US CPI and retail sales came out worse than expected.
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Source: FIN24
JSE recovers as Naspers rebounds from sell-off
June 13, 2017--The JSE edged higher following the relief bounce in Tencent seen in Hong Kong. The move saw Naspers gain 0.70% and close at R2542.76
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Source: FIN24
Nigeria: Stock Market Sustains Momentum As Investors Stake N23 Billion
June 12, 2017--These are certainly good times for equities investors as their investments continue to add value on sustained high demand. The market attracted N23.18 billion invested in 3.100 billion shares in 33,677 deals, showing an increase of about 22.5 per cent compared to the previous week's performance.
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Source: AllAfrica.com
Naspers drags JSE down as tech sell-off weighs
June 12, 2017--Naspers, by far the biggest share on the JSE with a massive influence on the industrial index, has pulled the local market lower sharply.
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Source: FIN24
