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Rand tanks more than 2% on US retail sales data
May 15, 2018--The rand tanked more than 2% after US retail sales showed a rise of 0.3% during the month of April.
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Source: FIN24
JSE gains towards close after lacklustre start
May 14, 2018--The JSE traded relatively flat as it struggled to find a catalyst for significant direction, but managed to gain towards the close to end the day firmer.
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Source: FIN24
Rand rally continues on the back of easing geopolitical tensions
May 14, 2018--The rand is expected to continue the claw-back of gains made following an improvement in risk sentiment late last week.
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Source: FIN24
JSE adds on to gains to end week on firmer note
May 11, 2018--The JSE recorded a third consecutive session of gains, which saw the local index close firmer on Friday.
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Source: FIN24
Robust rand breaks through R12.30/$ in erratic trading week
May 11, 2018--The rand broke through R12.30 to the US dollar in an erratic trading week where the local unit reached a 4-month high and low in a matter of days.
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Source: FIN24
JSE inches up lifted by financials, Naspers
May 10, 2018--The JSE inched higher on Thursday, as financials and index heavyweight Naspers lifted the local bourse.
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Source: FIN24
UPDATE: Rand runs on US inflation data and easing world tensions
May 10, 2018--The rand rallied, flirting with the R12.30/$ level after US consumer inflation numbers came in lower than expected at only 2.1% for April.
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Source: FIN24
JSE closes firmer as global markets react to Iran deal exit
May 9, 2018--The seesaw on the JSE continued as the local bourse managed to close firmer on Wednesday.
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Source: FIN24
Rand slips as Trump's Iran move fuels dollar
May 9, 2018--A sustained break of the R12.70-level against the US dollar could open up the debate for the rand trading up to the R13.00 level- says a TreasuryONE senior currency dealer.
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Source: FIN24
IMF-Sub-Saharan Africa Regional Economic Outlook: Domestic Revenue Mobilization and Private Investment
May 8, 2018--Sub-Saharan Africa is set to enjoy a modest growth uptick, and decisive policies are needed to both reduce vulnerabilities and raise medium-term growth prospects.
Average growth in the region is projected to rise from 2.8 percent in 2017 to 3.4 percent in 2018, with growth accelerating in about two-thirds of the countries in the region aided by stronger global growth, higher commodity prices, and improved capital market access. On current policies, average growth in the region is expected to plateau below 4 percent-barely 1 percent in per capita terms-over the medium term.