Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
JSE dips on resources profit-taking
March 29, 2016--The JSE has not followed European markets higher as investors are still busy with selective profit-taking in the resources sector after its recent rally.
view more
Source: FIN24
Nigeria: Stock-More Troubles As Foreign Investors Withdraw Investments
March 28, 2016--There is strong indication that foreign investors who used to transact larger percentage of activities in the Nigerian stock market have been withdrawing their investments from the market.
view more
Source: AllAfricanews.com
Rand softer in line with EM currencies
March 24, 2016--The rand has retreated against the dollar, mainly reflecting the greenback's gains spurred by expectations of higher US interest rates this year
view more
Source: FIN24
South Africa: Shocker As Inflation Breaches Reserve Bank Target Again
March 24, 2016--The annual consumer price inflation (CPI) was 7% in February 2016, up from 6.2% in January 2016-when it breached the SA Reserve Bank's target range, Statistics SA announced on Wednesday.
view more
Source: FIN24
Rand steady, following Brussels attacks
March 23, 2016--The rand has steadied against the dollar after a sell-off following attacks in Brussels, but traders say a strong greenback would keep the currency under pressure.
view more
Source: FIN24
Nigeria: Senate Passes 2016 Budget
March 23, 2016--The Senate has passed the N6.08 trillion budget for 2016, with an unprecedented reduction in the budget's total.
President Muhammadu Buhari presented a N6.08 trillion proposal in December 2015.
view more
Source: allafrica.com
Rand fragile as downgrade fears, Gupta scandal weigh
March 22, 2016--The rand has steadied against the dollar but traders say it remains vulnerable to a political crisis and fears of a sovereign credit ratings downgrade.
view more
Source: FIN24
Rand dips on Zuma showdown and downgrade jitters
March 18, 2016--The rand has weakened against the dollar as investors focused on a political scandal surrounding President Jacob Zuma and a potential sovereign ratings downgrade.
view more
Source: FIN24
Rand rallies on Sarb rate hike
March 17, 2016--The rand has rallied to under R15.10/$ after Reserve Bank governor Lesetja Kganyago announced a 25 basis-point increase in the repurchase rate to 7%.
Moody's assessing SA amid rating jitters
March 17, 2016--Moody's credit rating agency, which placed South Africa on intense watch, is currently in the country to meet with critical role players to assess whether it should downgrade SA.
view more
Source: FIN24
