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JSE softer ahead of Trump's decision on Iran
May 8, 2018--The JSE closed weaker on Tuesday as stocks retreated from their mildly firmer close on Monday.
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Source: FIN24
JSE inches higher after slow start
May 7, 2018-The JSE has recorded a firmer close, after a relatively lukewarm trading session where the index lacked significant momentum.
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Source: FIN24
Blue chip counters propel JSE higher
May 4, 2018-The JSE firmed on Friday as it rebounded from the aggressive sell-off recorded on Thursday.
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Source: FIN24
JSE slides in line with global markets
May 3, 2018--The JSE closed weaker on Thursday, as it followed the trend lower in other global markets.
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Source: FIN24
Nigeria Economic Update: Connecting to Compete
May 2, 2018--According to the World Bank Nigeria Bi-annual Economic Update released today, Nigeria emerged from recession in 2017.
Titled Connecting to Compete, the report says that Nigeria's GDP growth reached 0.8 percent, driven by an expansion in oil output and continued steady growth in agriculture.
The decline in the non-oil, non-agriculture sector however continued, as aggregate demand remained weak and private sector credit low. The rates of unemployment and underemployment increased in 2017 and poverty is estimated to have increased slightly. GDP growth in 2018 is expected to hover just over 2 percent, largely oil sector-driven.
view the World Bank-Nigeria biannual economic update : connecting to compete report
Source: World Bank
JSE ends firmer after choppy trading session
May 2, 2018--The JSE closed firmer after a relatively flat trading session in which the local bourse struggled for direction.
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Source: FIN24
Rand falls to 4-month low against dollar
May 1, 2018--As South Africans celebrated Workers' Day, the rand fell to its lower level yet in the Cyril Ramaphosa Presidency.
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Source: FIN24
Zimbabwe: Why Legalising Marijuana Matters for Zimbabwe
May 1, 2018--Zimbabwe has legalised the growth of mbanje for medicinal and scientific research, making it one of only three countries in Africa to do so.
Only Malawi and Lesotho have pipped Zimbabwe to the post. Hopefully, these are only the first, tentative steps in a continent-wide trend, but time will tell.
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Source: allAfrica.com
Firm close for the JSE as US futures provide direction
April 30, 2018--The JSE closed firmer in relatively muted trade ahead of the public holiday, as the boost in US equity futures gave the local bourse some direction.
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Source: FIN24
Rand claws back some lost ground at start of new week
April 30, 2018--The rand, which traded as low as R12.52 to the dollar last week, clawed back some of its lost ground at the start of the new week.
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Source: FIN24