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Traders brace for 'explosive' rand moves after ANC election
December 14, 2017--Just days before the ANC elects a new leader to replace President Jacob Zuma as party head, the rand's implied volatility versus the dollar has shot up to levels last seen in 2008.
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Source: FIN24
Local equities weaker as inflation slows
December 13, 2017--The JSE closed weaker on Wednesday as the current selling pressure in most of the blue chip stocks persisted.
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Source: FIN24
JSE weaker as blue chip stocks remain under pressure
December 12, 2017--The JSE has closed weaker as most of the blue chip stocks on the local bourse traded under pressure.
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Source: FIN24
Rand strengthens as markets keep close eye on Steinhoff
December 11, 2017--The rand strengthened by 1.02% to trade at R13.58 to the dollar, with five days to go before the start of the ANC elective conference.
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Source: FIN24
JSE powers ahead despite Steinhoff, EOH rout
December 7, 2017--A strong run by mining counters has cushioned the fallout from Steinhoff International and EOH which lost 43.21% and 34.67% respectively.
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Source: FIN24
Taxes, Debt and Development: A One-Percent Rule to Raise Revenues in Africa
December 5, 2017--Tax revenues play a critical role for countries to create room in their budgets to increase spending on social services like health and education, and public investment.
At a time when public debt levels in sub-Saharan Africa have increased sharply, raising tax revenues is the most growth-friendly way to stabilize debt. More broadly, building a country's tax capacity is at the center of any viable development strategy to meet the ongoing needs for expanding education and health care, and filling significant infrastructure gaps.
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Source: IMF
JSE falls to five-week low
December 5, 2017--The local bourse fell to a five-week low on Tuesday with industrial heavyweights dragging down the index.
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Source: FIN24
Rand runs on Ramaphosa lead
December 5, 2017--The rand has rallied, strengthening to below R13.50 to the US dollar as the race for the ANC president enters the final stages.
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Source: FIN24
Rand firms and JSE up, but Steinhoff under pressure
December 4, 2017--The JSE All-Share index gained 0.27% and the blue-chip Top40 rose 0.36% on a good day for the rand and SA markets, but Steinhoff International fell 10% as an on-going criminal and tax investigation in Germany took a bite out of its share price.
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Source: FIN24
Naspers drags down JSE industrials as Tencent falters
December 1, 2017---The big global sell-off in technology shares has also hampered the JSE, as investors are concerned that the sector's recent strong rally has been overdone.
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Source: FIN24
