Africa ETP News
you are currently viewing::South Africa: Prescient Launches Balanced Feeder Active Etf On JSENovember 1, 2025-Prescient Investment Management has launched the Prescient Balanced Feeder AMETF (PBLNCD) on the Johannesburg Stock Exchange (JSE)
The ETF marks Prescient's third actively managed exchange-traded fund (AMETF) listing Prescient Investment Management has launched the Prescient Balanced Feeder AMETF (PBLNCD) on the Johannesburg Stock Exchange (JSE), giving investors access to the Prescient Balanced Fund--a multi-asset portfolio designed to grow capital through diversified exposure to equities, bonds, property, and money market instruments. Source: allafrica.com |
South African rand strengthens after surprise GDP growth data
June 9, 2026- The rand strengthened on Tuesday after South Africa's economy expanded more than expected in the first quarter of 2026, though the impact of the Iran war was likely to be reflected in the next release.
At 1415 GMT, the rand traded at 16.4325 against the U.S. dollar, up about 0.6%.
