Africa: Key to Unlocking Africa's True Economic Potential Is Trading With Itself
December 21, 2015--Africa is the second largest continent in the world-30 million km2 approximately.
But its economy does not reflect its size; Africa's GDP is only a tenth of the GDP of North America. These dismal figures set the stage for a conversation about the pressing need for Africa to generate sustainable economic growth.
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Source: allAfrica.com
Resources enjoy run but JSE gains fail to offset losses
December 21, 2015--The softer dollar has lifted markets with resource shares even enjoying a good run on the JSE,
but gains have not been enough to make up for last week's losses.
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Source: FIN24
Profit-taking puts paid to JSE rally
December 18, 2015--The recovery on the JSE after the damage done by Jacob Zuma's moves has come to an abrupt halt as investors started taking profits.
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Source: FIN24
Rand recovers from post-Fed slide
December 18, 2015--The rand has clawed back some ground against the dollar after falling sharply following the US
Federal Reserve's decision to raise interest rates.
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Source: FIN24
JSE makes substantial gains
December 17, 2015--The US Federal Reserve's much-anticipated rate hike failed to send the market into a tailspin,
and all major indices on the JSE were higher by midday.
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Source: FIN24
Rand eases after Fed hikes US rates
December 17, 2015--The rand has weakened after the Federal Reserve raised its key lending rate, while Moody's outlook change on SA's on credit rating also pressured local assets.
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Source: FIN24
Rand prospects poor as dust settles over Zuma moves
December 16, 2015--The already fragile market confidence in the rand has been left in tatters by SA's political crisis, with risk firmly skewed towards a weaker rand, say analysts.
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Source: FIN24
JSE stabilises further
December 15, 2015-0The JSE has stabilised further after new Minister of Finance Pravin Gordhan did much to soothe investors' concerns about future fiscal discipline.
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Source: FIN24
Rand, bonds surge as Zuma reappoints Gordhan
December 15, 2015--The rand has strengthened, leading gains among major and emerging market currencies after President Jacob Zuma reappointed Pravin Gordhan as finance minister.
AA href="http://www.fin24.com/Markets/Currencies/rand-bonds-surge-as-zuma-reappoints-gordhan-20151214" TARGET="_top">view more
Source: FIN24
10 days of shocks and surprises for SA
December 15, 2015-It has indeed been quite a week in the world of SA finance. It included a downgrading by Standard & Poor's and by Fitch Ratings, a cabinet meeting, an NHI white paper announcement, and three finance ministers in quick succession.
All of this to the background tune of the rand falling sharply and a sell-off of government bonds.
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Source: FIN24