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Markets WRAP: Rand closes at R13.96 to the greenback
November 28, 2018--The rand did not react to the US's 3Q GDP of 3.5% and continued to trade at the expected range.
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Source: FIN24
JSE down in mixed trading session
November 27, 2018--The JSE retreated on Tuesday as global markets traded relatively mixed as they try to gauge the possible outcomes from Brexit and trade talks between China and the US.
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Source: FIN24
Markets WRAP: Rand closes the day at R13.91/$
November 27, 2018--Day range for the rand between R13.78 and R13.95. TreasuryOne reported that the dollar was firmer this morning as markets look forward to the Fed and the G20 later this week.
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Source: FIN24
European shares inspire global stock rebound
November 26, 2018--The JSE closed higher on Monday as it followed the trend in Europe where stocks rallied on the back of hopes of an Italian deficit cut.
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Source: FIN24
Markets WRAP: Rand ends the day at R13.83/$
November 26, 2018--The rand ended the day's session at R13.83 to the greenback.
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Source: FIN24
Africa: What You Need to Know About Africa's Blue Economy
November 26, 2018--The Blue Economy is about all activities that make sure we use the ocean sustainably while pursuing economic growth, improved livelihoods and jobs, and a healthy ocean, says the World Bank. This could be areas such as renewable energy, transportation routes, food, and labour.
Here are a few more interesting facts from the Sustainable Blue
Here are a few more interesting facts from the Sustainable Blue Economy Conference in Nairobi, Kenya:
$23 billion is robbed from the global economy every year by illegal fishing
2.2 million species of plants, animals and organisms live in our aquatic systems
Only 2% of the world's maritime seafaring workforce are women
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Source: allafrica.com
JSE closes weaker as European growth concerns resurface
November 23, 2018--Today's slide was compounded by the release of weaker Purchasing Managers Index data for the Eurozone, which ignited concerns that growth could be slowing within that bloc.
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Source: FIN24
Markets WRAP: Rand closes at R13.88/$. averages between R13.73 and R13.90
November 23, 2018--The rand firmed by just under 1% on Friday, holding on to its gains after the interest rate announcement on Thursday.
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Source: FIN24
Flat trading session for the JSE as central bank raises rates
November 22, 2018--The central bank decided to hike the repo rate by 25 basis points from 6.50% to 6.75% as the bank sees inflationary pressures for 2019.
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Source: FIN24
SA Reserve Bank raises repo rate to 6.75%
November 22, 2018--Governor of the SA Reserve bank Lesetja Kganyago has announced that the bank will raise the repo rate to 6.75% from 6.5%.
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