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Markets edge higher as rand loses ground
May 30, 2017--The rand continued to weaken but the local bourse showed improvements as American and British markets were back online.
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Source: FIN24
JSE flat as Zuma dodges another bullet
May 29, 2017--Trading on the local bourse remained subdued in light volumes as investors eyed the outcome of the ANC's NEC meeting.
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Source: FIN24
Rand shoots over R13/$ on Zuma saga
May 29, 2017--The rand has weakened to over R13 to the US dollar after the ANC national executive committee's announcement that Jacob Zuma is still the country's president.
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Source: FIN24
JSE set to end week flat as strong rand dents dual-listed shares
May 26, 2017--Share prices on the JSE have continued to move sideways and major indices will close the week almost unchanged, as the firm rand hurts demand for rand hedge shares.
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Source: FIN24
JSE skids on firm rand and as SARB keeps rates on hold
May 25, 2017--On the JSE, most of the blue chip stocks were trading in the red, led by rand hedge stocks which continued to slide due to the firmer rand.
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Source: FIN24
Strong rand, China downgrade dent JSE
May 24, 2017--The rand has traded at the highest level in four weeks, which together with news of Moody's downgrade of China's credit ratings put a damper on share prices on the JSE.
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Source: FIN24
Rand sensitive stocks buoy JSE as rand runs on Zuma report
May 23, 2017--The rand, which firmed on a report that the ANC leadership will discuss the possible removal of President Jacob Zuma, has buoyed rand sensitive stocks such as banks and retailers.
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Source: FIN24
Unlock the potential of African entrepreneurs for accelerating Africa's industrial transformation, says the African Economic Outlook 2017
May 22, 2017--African governments need to integrate entrepreneurship more fully into their industrialisation strategies, according to the African Economic Outlook (AEO) 2017 released today at the African Development Bank Group's 52nd Annual Meetings.
In 2016, Africa's economic growth slowed down to 2.2% from 3.4% in 2015 due to low commodity prices, weak global recovery and adverse weather conditions, which impacted on agriculture production in some regions. However, it is expected to rebound to 3.4% in 2017 and 4.3% in 2018. This assumes that as commodity prices recover, the world economy will be strengthened and domestic macroeconomic reforms are entrenched.
view the African Economic Outlook (AEO) 2017
Source: africaneconomicoutlook.org
JSE off to a good start as ALSI futures hit year highs
May 22, 2017--The JSE All-share index futures reached year-to-date highs of 48 520 points as the previous week's momentum carried the local index higher.
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Source: FIN24
Rand recovers as panic over Trump eases
May 22, 2017--The rand has recovered some of its losses of the last week as the panic of Donald Trump's presidency seemingly eased.
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Source: FIN24
