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JSE perks up despite directionless global markets
January 31, 2017--Share prices on the JSE have recovered, despite global markets struggling to find direction now that the honeymoon with US President Donald Trump's economic policies is over.
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Source: FIN24
Rand fragile as political risk returns
January 31, 2017--The issues plaguing the rand are re-emerging, causing the currency to be on the back foot.
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Source: FIN24
Financial shares trade lower
January 27, 2017--Share prices have been drifting lower as a softer rand battered financial shares, with other major indices on the JSE moderately lower by midday.
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Source: FIN24
Rand tanks on Zuma's defiance comment
January 27, 2017--The rand has tanked following a report about President Jacob Zuma considering firing ministers who defy him.
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Source: FIN24
JSE lags global recovery as rand strength saps industrial sector
January 26, 2017--The global rally has lifted financial and industrial shares on the JSE, but the strong rand continued to cap the prices of the heavyweight dual-listed shares.
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Source: FIN24
Rand could strengthen to best levels since late 2015
January 26, 2017--The rand is continuing its rally and could reach levels against the dollar last seen in late 2015.
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Source: FIN24
The power of pension funds for African infrastructure
January 25, 2017--Opening the elegant new six-lane toll bridge stretching cross Dar es Salaam's Kigamboni Creek in April, Tanzania's President John Magufuli called it "liberation" for citizens.
It represents a $135m investment by Tanzania’s National Social Security Fund, the state-run pension fund, and government. China Railway Construction Engineering Group built the 680-metre bridge with China Railway Major Bridge Group and say it is the longest cable-stayed bridge in East Africa
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Source: africanbusinessmagazine.com
Rampant rand spoils resources rally
January 25, 2017--The rally in the resources sector in the JSE has lost some momentum, as a rampant rand put a cap on shares which earn most of their income in dollar.
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Source: FIN24
Commodity conglomerates hit new highs but rest of JSE subdued
January 24, 2017--The top JSE-listed commodity conglomerates have all traded at 52-week high as dollar woes continued to support the prices of industrial metals such as copper and iron ore.
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Source: FIN24
The path is clear for a new stock exchange-4 Africa Exchange plans to start operating in March
January 20, 2017--After battling the mighty JSE over the Financial Services Board (FSB) licence that paves the way for the launch of a new stock exchange, the 4 Africa Exchange (4AX) is readying itself to go live.
4AX announced on Thursday that all appeals against its exchange licence-awarded by the FSB in August last year-have been formally withdrawn.
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Source: MoneyWeb
