Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Nigeria:Operators Bullish On Equities Outlook As Investors Gain N105Bn
March 12, 2018--Stockbrokers in the nation's capital market and other investment analysts have said that the market will sustain its positive momentum this week riding on the back of more earning reports expected to be released by listed firms.
view more
Source: AllAfrica.com
JSE firms on positive global sentiment
March 12, 2018--The JSE started the week on a positive note as it was buoyed by the current positive sentiment in global equity markets.
view more
Source: FIN24
JSE struggles to find direction
March 9, 2018--The JSE eventually closed firmer on Friday in a session where the local bourse struggled to find direction.
view more
Source: FIN24
Local equities give up gains to end the day flat
March 8, 2018--The JSE closed flat on Thursday in a session which saw it reverse most of its earlier gains.
view more
Source: FIN24
Local equities give up gains to end the day flat
March 8, 2018--The JSE closed flat on Thursday in a session which saw it reverse most of its earlier gains.
view more
Source: FIN24
Nigeria Exits Recession and Looks Beyond Oil
March 7, 2018--Nigeria's economy is picking up according to the IMF's latest economic review. Growth hit 0.8 percent in 2017 after contracting by 1.6 percent in 2016.
The report attributes the increase-in part-to the recent recovery in oil prices. But as the country emerges from recession, the IMF's Amine Mati says following through on planned reforms regardless of oil price swings and upcoming elections, is key to lifting Nigeria's growth rates to where they should be. Mati heads the IMF team for Nigeria and oversaw this latest economic assessment.
view more
Source: IMF
JSE soars as GDP beats estimates
March 6, 2018--The JSE jumped on Tuesday after South African GDP data released by Stats SA came in higher than market estimates.
view more
Source: FIN24
Stronger GDP figures lift rand
March 6, 2018--The rand has strengthened by 8 cents to the dollar after Statistics SA announced that the country's 2017 GDP growth was stronger than predicted.
view more
Source: FIN24
IMF Working Papers-Economic Fluctuations in Sub-Saharan Africa
March 5, 2018--Summary:
We compare business cycle fluctuations in Sub-Saharan African (SSA) countries vis-à-vis the rest of the world. Our main results are as follows: (i) African economies stand out by their macroeconomic volatility, which is is reflected in the volatility of output and other macro variables; (ii) inflation and output tend to be negatively correlated;
(iii) unlike advanced economies and emerging markets (EMs), trade balances and current accounts are acyclical in SSA; (iv) the volatility of consumption and investment relative to GDP is larger than in other countries; (v) the cyclicality of consumption and investment is smaller than in advanced economies and EMs; (vi) there is little comovement between consumption and investment; (vii) consumption and investment are strongly positively correlated with imports.
view the IMF Working Papers-Economic Fluctuations in Sub-Saharan Africa
Source: IMF
Rand to test above R12/$
March 5, 2018--Uncertainty around land reform and global factors will dominate the rand this week, say experts.
view more
Source: FIN24
