JSE falls to lowest level in two months
December 15, 2014--The JSE has fallen to its lowest level in two months,
extending its losing run into a third session as a rebound in the rand hit SABMiller and exporters.
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Source: FIN24
Rand firms after Fitch maintains rating
December 15, 2014--The rand has firmed against the dollar,
recouping some recent losses after ratings agency Fitch surprised markets by not downgrading its credit view.
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Source: FIN24
Uncertainty on JSE continues
December 12, 2014--The uncertainty on the JSE has continued,
with financial shares being the biggest losers this time.
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Source: FIN24
Rand firms from 6-yr low as ratings fears abate
December 12, 2014-The rand has retreated from its lowest level in six years after Standard & Poor's affirmed
SA's credit ratings and said the outlook for the country remains stable.
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Source: FIN24
S&P affirms SA ratings, outlook stable
December 12, 2014--Ratings agency Standard & Poor's has upped its forecast for GDP growth in South Africa while
affirming its credit ratings of the country.
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Source: FIN24
Oil keeps JSE investors on their toes
December 11, 2014--The continuous drop in the oil price is making investors worldwide very nervous and stock
markets are under pressure again, including the JSE.
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Source: FIN24
IMF Survey Magazine: South Africa Strives to Revive Growth, Cut Exposure to Risks
December 11, 2014--Slow growth, low job creation weighed by structural constraints
Macroeconomic policies hamstrung by rising public debt, current account deficit
Structural reforms essential to boost sustainable, inclusive growth, create jobs
South Africa can celebrate significant progress in its first 20 years of democracy, but faces the challenge of reviving a weak economy and addressing elevated vulnerabilities the IMF said in its 2014 review of the country's economy.
view the IMF-SOUTH AFRICA STAFF REPORT FOR THE 2014 ARTICLE IV CONSULTATION
Source: IMF
Gold stocks lead JSE rebound
December 10, 2014--The JSE has rebounded, led by gold mining companies such as Gold Fields and AngloGold
Ashanti which rose on the back of a firm gold price and a weaker rand.
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Source: FIN24
Rand pulls back from 6-year low
December 10, 2014--The rand has firmed against the dollar, pulling away from a six-year low,
although market watchers expected pressure to resume depending on inflation data.
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Source: FIN24
SA economy tries to shake off the blues
December 10, 2014--According to the latest BankservAfrica Economic Transaction Index (Beti), an extremely fragile economy is trying hard to shake off its self-inflicted blues so it can recover enough to give South Africans a very merry Christmas.
The Beti indicates that the South African economy is in recovery mode, showing a small, but significant, growth of 0.8% year-on-year.
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Source: FIN24