Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Rand dips in thin pre-holiday trade ahead of Fed decision
April 26, 2016--The rand has continued to weaken, succumbing to thin liquidity ahead of Freedom Day and modest global appetite as investors await a US rates decision.
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Source: FIN24
JSE down as markets await key central bank meetings
April 25, 2016--Share prices on the JSE have been lower as the market adopted a wait-and-see attitude ahead of central bank meetings in the United States and Japan this week.
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Source: FIN24
Rand slides as emerging market rally stalls
April 25, 2016--The rand has edged lower, ending a recent rally built on positive emerging market sentiment and as traders look ahead to a US rate hike decision later this week.
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Source: FIN24
IMF-Central African Economic and Monetary Community (CEMAC) : Financial System Stability Assessment
April 22, 2016--EXECUTIVE SUMMARY
The short-term risk of a financial crisis appears low, but the assessment identified pockets of vulnerabilities.
The financial sector is not well positioned to contribute effectively to the financing of the CEMAC economies, and it faces an intensification of risk factors related to geopolitical tensions and the fall in commodity prices.
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Source: IMF
Nigeria: Trading Disrupted At NSE, Investors Lose N34 Billion
April 19, 2016--The Nigerian Stock Exchange, NSE, yesterday, experienced disruption in trading which resulted in extension of transactions by another two hours, ending at 4:30p.m.
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Source:AllAfricanews.com
China slow growth dampens JSE
April 15, 2016--The news that China's economy has grown in the first quarter at the slowest pace since 2009 has put a damper on the JSE.
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Source: FIN24
Rand retreats but on track for weekly gain
April 15, 2016--The rand has retreated slightly against the dollar but was still on track for a weekly rise, while stocks followed emerging markets higher.
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Soure: FIN24
Rand resilient as JSE moves mostly sideways
April 14, 2016--The rand also softened somewhat against the stronger dollar but is still remarkably resilient, while a new wave of optimism on global markets had little influence on the JSE.
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Source: FIN24
Nigeria:Onyema-Nigeria Remains Investors' Best Choice in Africa
April 13, 2016--The Chief Executive of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has stated that despite the rigidity in the foreign exchange market, Nigeria remains top of investors' choice on the African continent.
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Source: allafrica.com
Nigeria: Yuan to be Included in Foreign Reserves
April 13, 2016--Africa's biggest economy Nigeria agreed Tuesday to include China's yuan currency in its foreign reserves as Beijing seeks closer ties and greater political and economic heft on the resource-rich continent.
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Source: AllAfricanews.com
