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Rand softens on jobs data
May 5, 2014--The rand has retreated from a three-week high against the dollar,
losing momentum after data showed unemployment was increasing.
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Source: FIN24
Comparing the Real Size of African Economies
April 5, 2014--Launching the International Comparison Program for Africa Results
The African Development Bank is proud to announce the successful completion of the 2011 International Comparison Program for Africa. The AfDB will soon publish a full report with detailed Purchasing Power Parities (PPPs), volume indices and price level indices for the 50 regional member countries that took part in the program.
This press release is the first official release of data from the 2011 round of ICP Africa.
view the Comparing the Real Size of African Economies
Highlights of the Main Findings of the 2011 Round of the International Comparison Program in Africa
Source: African Development Bank Group
JSE hits life time highs
May 2, 2014--South African shares have surged to new highs
spurred on by the fastest growth in US job growth data in more than two years.
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Source: FIN24
Rand hits three-week high
May 2, 2014--The rand has touched a three-week high against the dollar
taking advantage of a generally risk-positive global environment.
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Source: FIN24
JSE in wait-and-see mode ahead of holiday
April 30, 2014--Investors remained reluctant to take positions before the public holiday and were also awaiting
trade data expected to have a strong influence on the rand.
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Source: FIN24
Rand firm, despite trade deficit
April 30, 2014--The rand has held largely steady against the dollar
despite a wider than expected March trade deficit.
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Source: FIN24
JSE stable, platinum stocks struggle
April 29, 2014--South African stocks have closed largely flat,
with commodity shares falling as striking mineworkers in the platinum sector turned down the latest wage offer.
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Source: FIN24
Rand remains vulnerable
April 29, 2014--The rand has recouped against the greenback,
although it remains vulnerable to an unresolved platinum strike and geopolitical tensions in Ukraine.
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Source: FIN24
JSE flat, mining stocks down
April 25, 2014--South African stocks have ended flat but hovered near record highs hit in the previous session as
investors bought into shares of financial firms.
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Source: FIN24
Rand near 3-week low
April 25, 2014--The rand has weakened against the dollar
looking to extend four days of daily losses as dealers offloaded the currency ahead of a long weekend.
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Source: FIN24
