Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Rand skids as US, China trade war flares
June 18, 2018--The rand continued to trade at six-month lows on Monday, skidding more than 1.7% to the US dollar as global developments continued to weigh on the local currency.
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Source: FIN24
JSE joins global slide as US announces tariffs on China
June 15, 2018--Global markets, including the JSE, retreated on Friday after the USA announced tariffs on $50bn worth of Chinese goods and services.
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Source: FIN24
Nigerian Stock Market Index Drops By 0.40%
June 14, 2018--Trading activities dropped on the Nigerian Stock Exchange (NSE) on Wednesday after two consecutive days of growth, with the All-Share Index reducing 0.40 per cent.
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Source: allafrica.com
Pressure mounts on JSE and other emerging markets as US raises rates
June 14, 2018--The JSE barely managed to close firmer on Thursday, as it trended mostly lower along with other emerging market economies.
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Source: FIN24
Rand 'smiling' as it gains 1% against dollar after Fed interest rate hike
June 14, 2018--The rand's strength was due to greater market certainty after the US Federal Reserve announcing a widely expected interest rate hike, say analysts.
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Source: FIN24
Rand hedges lift the JSE
June 13, 2018--The JSE rose on Wednesday as rand hedges lifted the local bourse due to the weaker rand.
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Source: FIN24
JSE mildly firmer amid indecision on the Trump-Kim summit
June 12, 2018--The JSE closed firmer on Tuesday as global markets were undecided on the implications of the meeting between Donald Trump and the North Korean leader.
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Source: FIN24
Rand weakens in early trade as markets await Fed, ECB meetings
June 12, 2018--The rand lost 0.4% against the dollar on Tuesday morning, as emerging markets awaited the outcomes of meetings by the US Federal Reserve Bank and the European Central Bank.
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Source: FIN24
IMF-Mission Concluding Statement-South Africa
June 12, 2018--A challenging outlook
South Africa's potential is significant, yet growth over the past five years has not benefitted from the global recovery. The economy is globally positioned, sophisticated, and diversified, and several sectors-agribusiness, mining, manufacturing, and services-have capacity for expansion
Combined with strong institutions and a young workforce, opportunities are vast. However, several constraints have held growth back. Policy uncertainty and a regulatory environment not conducive to private investment have resulted in GDP growth rates that have not kept up with those of population growth, reducing income per capita, and hurting disproportionately the poor.
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Source: IMF
Markets flat after muted trading session
June 11, 2018--The JSE closed flat on Monday after a relatively muted trading session.
