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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
JSE quick out of starting blocks as equity markets end the week firmer
April 26, 2018--This has been quite a week on the JSE, with Steinhoff still making headlines for all the wrong reasons and disappointing news out of Consol, but Mr Price indicating it has had a good six months.
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Source: FIN24
Rand may have 'run a little hard' in falling below R12.50/$-analyst
April 26, 2018--What direction the rand will take next appears to be fairly murky, with analysts saying that US bond yields, important economic data out of Europe and a strong dollar could impact its course.
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Source: FIN24
JSE slips in line with Asian Pacific peers
April 26, 2018--The JSE opened the day weaker, moving in line with its Asian Pacific counterparts, but was mainly covered in red with some rand hedges provided a glimmer of hope.
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Source: FIN24
Rand tests R12.50/$ as local strikes, US yields weigh
April 25, 2018--The rand briefly breached R12.50 to the dollar as the local currency came under pressure from rising US bond yields and local protest action.
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Source: FIN24
JSE firmer as it plays catch-up to world market moves
April 24, 2018-- Global equity markets were firmer on the day as stronger earnings out of Alphabet post the US market close gave the markets some much-needed relief.
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Source: FIN24
Rand on the back foot as strong dollar pushes unit above R12.30
April 24, 2018--The rand staged a mild comeback by mid-afternoon after the local unit took a beating from a stronger US dollar that firmed on the back of rising Treasury yields.
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Source: FIN24
JSE: Risk on or risk off, that is the question
April 23, 2018--The JSE opened the day firmer, with rand hedges leading the way as the dollar advanced against most major currencies, sending emerging markets and commodity prices spiralling lower.
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Source: FIN24
