JSE slides as market awaits political moves
October 20, 2016--Share prices on the JSE have drifted slowly lower, with major indices opening sharply higher but prices then starting to move sideways.
view more
Source: FIN24
JSE rises in response to risk asset rally
October 18, 2016--Share prices on the JSE have lifted in response to a global rebound in risk assets, with gold and resources higher but Industrials capped by the rampant rand.
view more
Source: FIN24
Wheels spinning off rand's rally as traders learn expensive lesson
October 18,2016--The roller-coaster ride highlights the difficulty of assessing political risk in SA, with some seeing Gordhangate as a tipping point, while others regard it as noise that will blow over.
view more
Source: FIN24
Rand steadies as support for Gordhan grows
October 17, 2016--The rand has rallied more than as political pressure on Finance Minister Pravin Gordhan eased and commodity prices steadied.
Read more
Source: FIN24
Industrial shares drag JSE down
October 17, 2016--Comments from the Federal Reserve have affected share prices negatively, while on the JSE the dual-listed industrial stocks followed their European counterparts.
view more
Source: FIN24
Industrial shares score in JSE rally
October 14, 2016--The Industrial index has been the big winner on the JSE, as solid data from China led to a sharp recovery in early trade with major indices then moving mostly sideways.
view more
Source: FIN24
Rand rallies after Gordhan says he won't quit
October 14, 2016--The rand has rallied against the dollar after Finance Minister Pravin Gordhan described fraud charges against him as frivolous, adding he intended to continue in his job.
view more
Source: FIN24
JSE slips as China data sours global mood
October 13, 2016--A sharp decline in China's trade data has sent global markets into a spin and the JSE followed suit, with major indices more than 1% lower at mid-morning.
view more
Source: FIN24
Namibia: Use Bitcoin At Own Risk-Central Bank
October 12, 2016--The Bank of Namibia recently made it categorically clear that it does not support the use of virtual currencies.
The Central Bank will also in due course release an opinion paper on the uses of Bitcoin, its spokesperson, Emma Haiyambo said.
view more
Source: AllAfrica.com
Nigeria: Report-Govt May Be Approaching Debt Trap
October 12, 2016--As the federal government continues to search for ways to take the country out of its present economic recession, a report has indicated that Nigeria may be approaching a debt trap.
view more
Source: AllAfrica.com