Rand steadies after losses, bonds gain-continued

March 23, 2012--The rand was on track for its biggest weekly loss since mid-December on Friday as the local market scales back expectations of higher domestic rates this year.
Government bonds strengthened further, pushing yields lower, after consumer inflation came in less than expected this week, suggesting the Reserve Bank will have leeway to keep rates at their lowest level in 30 years for longer.

read more

Source: FIN24

AFRICA ETP News
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.
read more
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.
read more
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.
read more
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.
read more
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.
read more
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.
read more
Rand slips, Chinese data limits losses
April 13, 2016--The rand has weakened against the dollar as support from an emerging market rally ran out of steam, although positive Chinese trade data limited losses.
read more
Rand advances as confidence returns
April 11, 2016--The rand has reached a four-month high against the dollar, as a successful Eurobond sale and a corporate takeover offer boosted confidence.
read more
JSE treads water as rand gathers strength
April 11, 2016--Last week's rally on the JSE continued in early morning trade, but gains were modest and stocks have been losing momentum as the rand upheld its strong recovery.
read more
Nigerian stocks down after MSCI says could remove Nigeria from frontier index
April 11, 2016--Nigerian stocks fell on Monday after index provider MSCI said it could remove Nigeria from its frontier markets index following the central bank's introduction of currency controls last year.
read more
Africa: Low Commodity Prices Continue to Impede Growth
April 11, 2016--Economic activity in Sub-Saharan Africa slowed in 2015, with GDP growth averaging 3.0 percent, down from 4.5 percent in 2014. This means that the pace of expansion decelerated to the lows last seen in 2009.
read more
IMF-Nigeria-Selected Issues
April 8, 2016--OPTIONS AND STRATEGIES FOR A FISCAL RULE FOR NIGERIA'S OIL WEALTH MANAGEMENT1
1. Despite a diversified economy, Nigeria's fiscal policy is heavily dependent on the oil sector. With oil price falling, Nigeria's fiscal authorities are faced with significant challenges. Oil revenues have declined, limiting fiscal spending and fiscal buffers have been almost depleted.
read more
SA's credit rating at risk due to political tensions-S&P
April 6, 2016--Ratings agency S&P says a focus on political issues could divert the SA government's attention from issues around policy implementation, impacting on low growth levels.
read more
New bourse for African beef commodities
April 2, 2016--A new exchange will trade southern and eastern Africa's agricultural commodities.
read more
JSE shrugs off market euphoria over Nkandla ruling
April 1, 2016--The rand has continued its strong surge, but the currency market's euphoria over the Constitutional Court's Nkandla ruling did not extend to the JSE.
read more
Saudi will only freeze oil output if Iran, others do
April 1, 2016--Saudi Arabia will only freeze output if other key producers, including Iran, take a similar measure, its deputy crown prince says.
read more
JSE rally runs out of steam
March 31, 2016--The global run on financial markets did not last long and new worries about the oil price have put a damper on the strong recovery, with the JSE also losing ground.
read more
Rand firmer as SA awaits Nkandla ruling
March 31, 2016--The rand has firmed against the dollar, holding on to its high against the greenback as market focus is on the Constitutional Court's ruling on Nkandla.
read more
JSE stages strong rally on Yellen speech
March 30, 2016--Share prices on the JSE rallied strongly on Wednesday morning in line with world markets as investors pared back expectations on how fast and how far US interest rates might rise this year.
read more
South Africa: Rand Breaks Through R15/U.S.$ for First Time Since December
March 30, 2016--The rand has broken the R15/$ ceiling on Wednesday after US fed chair Janet Yellen surprised on Tuesday night with dovish comments,
read more
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.
read more