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UPDATE: Rand soars on Ramaphosa optimism, dips under R13.10/$
December 15, 2017--The rand strengthened more than 3% to trade under R13.10 to the US dollar amid optimism that Deputy President Cyril Ramaphosa would be victorious in the race for ANC president.
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Source: FIN24
JSE breaks losing streak
December 14, 2017--The JSE closed firmer on Thursday as it broke a streak of consecutive losing sessions.
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Source: FIN24
Traders brace for 'explosive' rand moves after ANC election
December 14, 2017--Just days before the ANC elects a new leader to replace President Jacob Zuma as party head, the rand's implied volatility versus the dollar has shot up to levels last seen in 2008.
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Source: FIN24
Local equities weaker as inflation slows
December 13, 2017--The JSE closed weaker on Wednesday as the current selling pressure in most of the blue chip stocks persisted.
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Source: FIN24
JSE weaker as blue chip stocks remain under pressure
December 12, 2017--The JSE has closed weaker as most of the blue chip stocks on the local bourse traded under pressure.
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Source: FIN24
Rand strengthens as markets keep close eye on Steinhoff
December 11, 2017--The rand strengthened by 1.02% to trade at R13.58 to the dollar, with five days to go before the start of the ANC elective conference.
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Source: FIN24
JSE powers ahead despite Steinhoff, EOH rout
December 7, 2017--A strong run by mining counters has cushioned the fallout from Steinhoff International and EOH which lost 43.21% and 34.67% respectively.
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Source: FIN24
Taxes, Debt and Development: A One-Percent Rule to Raise Revenues in Africa
December 5, 2017--Tax revenues play a critical role for countries to create room in their budgets to increase spending on social services like health and education, and public investment.
At a time when public debt levels in sub-Saharan Africa have increased sharply, raising tax revenues is the most growth-friendly way to stabilize debt. More broadly, building a country's tax capacity is at the center of any viable development strategy to meet the ongoing needs for expanding education and health care, and filling significant infrastructure gaps.
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Source: IMF
JSE falls to five-week low
December 5, 2017--The local bourse fell to a five-week low on Tuesday with industrial heavyweights dragging down the index.
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Source: FIN24
Rand runs on Ramaphosa lead
December 5, 2017--The rand has rallied, strengthening to below R13.50 to the US dollar as the race for the ANC president enters the final stages.
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Source: FIN24