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South Africa:JSE Green Bond to Fund Low Carbon Projects
October 25, 2017--THE Johannesburg Stock Exchange (JSE) is celebrating the launch of its Green Bond Segment, which provides a platform for companies to raise funds ring-fenced for low carbon initiatives.
It also enables the organisations to invest Socially Responsible Investment (SRI) funds in securities that are "truly green."
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Source: AllAfrica.com
Rand hedges propel JSE higher
October 25, 2017--The JSE reversed earlier losses to close the day firmer after Finance Minister Malusi Gigaba's mini budget knocked the rand.
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Source: FIN24
RAND LATEST: No stopping rand/dollar runaway train at the moment
October 25, 2017--The rand has weakened sharply after Treasury said it will increase its borrowings in the international market and issue short-term bonds to fund its higher borrowing requirements.
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Source: FIN24
JSE subdued as market awaits mini budget
October 24, 2017--MTN has been one of the few major shares on the JSE to make any significant moves as the market went into limbo in anticipation of the mini budget speech on Wednesday.
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Source: FIN24
Nigeria: Stock Market Closes Lower Despite Improved Earnings
October 23, 2017--Bearish sentiments dominated the Nigerian equities market last week contrary to expectations that the announcement of nine months earnings by companies would help to sustain the growth recorded the previous week.
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Source: FIN24
JSE inches up on flat trading
October 23, 2017--Banking stocks firmed despite a weaker rand, while subdued metal commodity prices did not deter gains among some JSE-listed miners.
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Source: FIN24
Rand plunge lifts major JSE indices to new highs
October 20, 2017--The rand's sharp fall to its weakest level in a week-and-a-half has given the JSE a welcome push, lifting the major indices back to all-time highs.
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Source: FIN24
South Africa:Progress in Implementation of Oceans Economy
October 19, 2017--The Oceans Economy has already contributed about 4.4% to South Africa's Gross Domestic Product (GDP).
This is according to a progress report on the implementation of Operation Phakisa for the Oceans Economy that was recently delivered to stakeholders by President Jacob Zuma.
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Source: AllAfrica.com
JSE tracks global markets firmer, rand skids
October 18, 2017--The local bourse has firmed in line with global markets, while the rand edged lower following heightened political uncertainty.
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Source: FIN24
JSE ends in the red amid Zuma's surprise reshuffle
October 17, 2017--All the major indices closed in the red, coinciding with the surprise Cabinet reshuffle by President Jacob Zuma.
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Source: FIN24
