Rand eases on Greece, no impact from data
July 7, 2015--The rand has traded near the previous session's three-week lows, taking its cue from weak markets in
major commodity importer China.
view more
Source: FIN24
Nigeria: Stocks Start Week Red, Extend Losses As Investors Remain Pessimistic
July 7, 2015--The equities market closed yesterday on a negative note, as Nigerian Stock Exchange [NSE] All Share Index [ASI] depreciated by 0.28 peer
cent to close at 32,447.05basis points, compared with the 0.61 per cent depreciation recorded previously.
Africa its own biggest investor
July 7, 2015--African pension fund capital has reached $340bn and is growing rapidly. In addition, increasing adoption of insurance around the continent is causing insurance company investment portfolios to grow, and they are now estimated to be around $270bn.
These figures come from the Bright Africa 2015 report, released today by RisCura, which looks at the drivers, enablers and managers of investment on the continent...
view more
Source: RisCura
JSE rallies after steep dive on Greece vote
July 6, 2015--The JSE has recovered remarkably well after opening sharply down,
tracking global markets lower as the Greek contagion hit emerging market stocks.
view more
Source: FIN24
Rand down, Greek fears dampen risk appetite
July 6, 2015--The rand has weakened as the eurozone crisis deepened after Greek voters rejected terms of a rescue package,
sending investors into safer havens.
view more
Source: FIN24
Confronting Conflict and Fragility in Africa
July 5, 2015--On June 8 and 9, more than 100 scholars and policymakers gathered at The University of California at Berkeley for the second edition of the Annual Bank Conference on Africa (ABCA).
Organized jointly by the Center for Effective Global Action (CEGA) and the World Bank's Office of the Chief Economist for the Africa Region, the conference focused on the causes and impacts of conflict and fragility in sub-Saharan Africa.
The Annual Bank Conference on Africa is held each year with a different academic partner and thematic focus.
Over the past two decades, GDP growth in Africa has been impressive. But while the narrative of "Africa rising" seems to have dominated the news, violence and conflict continue to affect many countries on the continent. Consider this: On the most recent list of fragile situations around the world, just over half are in sub-Saharan Africa. And while violent deaths due to conflict decreased markedly in the mid-2000s, the figure has been rising steadily since 2012.
view more
Source: World Bank
ETF? Don't you mean EFT?
July 3, 2015-Although the South African market for exchange-traded products (ETPs) has shown substantial growth since the first exchange-traded fund (ETF) was launched 15 years ago, local investors haven't been quite as enthusiastic as their global counterparts.
Why not?
Speaking to Moneyweb on the sidelines of the CoreShares inaugural ETF Exchange, Gareth Stobie, CoreShares MD, said there is a lot of education that still needs to take place in the South African market.
view more
Source: moneyweb.co.za
JSE tracks global markets down on Greece nerves
July 3, 2015--The JSE has slipped in line with the rest of the world, as
markets nervously await Sunday's crucial referendum in Greece over its debt negotiations.
view more
Source: FIN24
Rand slips on Greek fears, weak economy
July 3, 2015--The rand has been a touch softer against the dollar, with investors' jitters over the Greek debt
crisis adding to concerns about SA's struggling economy.
view more
Source: FIN24