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Rand takes knock as SARB cuts interest rates
July 20, 2017--The rand has taken a knock after the SA Reserve Bank surprised the market with a 25 basis-point cut in interest rates.
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Source: FIN24
Naspers pushes JSE higher
July 19, 2017--The JSE closed firmer as it was propelled by the media giant, Naspers, which closed up 3.12%.
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Source: FIN24
Nigeria: Country Aiming to Be Among 16 Largest Economies-Osinbajo
July 19, 2017--The Acting President, Yemi Osinbajo, has said that Nigeria is fast moving toward becoming one of the 16 largest economies in the world
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Source: AllAfrica.com
South Africa's securities exchange war goes to court
July 19, 2017--Court is the next battleground in a war between securities exchanges in South Africa.
New exchange 4AX launched a High Court application to set aside both the decision of the FSB and its Appeals Board to grant a licence to new exchange ZAR X.
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Source: AllAfrica.com
Equities take a hit as rand strength drags down JSE
July 18, 2017--The JSE traded weaker as the rand hedge stocks were mostly under pressure due to the relatively firmer rand.
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Source: FIN24
Rand gold price takes a plunge
July 18, 2017--There has been a massive decline in the rand gold price from a high of R20 300 to R16 180 as at 30 June, according to the most recent SA Bullion Gold quarterly report.
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Source: FIN24
JSE extends gains as rand continues to strengthen
July 17, 2017--After a slow start, the JSE managed to gain momentum as the rand continued to gain against the greenback, which came under pressure against a basket of major currency pairs.
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Source: FIN24
Rand breaks through psychological R13/$ level
July 17, 2017--The rand has broken below the R13.00 to the dollar level as the local currency gained on a weak dollar and the suspension of the Mining Charter.
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Source: FIN24
Nigeria: Inflation 'Falls for Fifth Straight Month'
July 17, 2017--The Nigerian economy is gradually coming out of recession, with the annual inflation falling in June for the fifth straight month, the National Bureau of Statistics said Monday.
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Source: AllAfrica.com
JSE closes firmer after timid start
July 14, 2017--The JSE managed to close firmly in the green and despite a relatively quiet session in the morning, there was volatility in the rand in the afternoon.
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Source: FIN24
