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IMF Country Focus-Sub-Saharan Africa: The Path to Recovery
October 30, 2017--The broad-based slowdown in sub-Saharan Africa is easing, and growth is expected to pick up to 2.6 percent in 2017 from last year's 1.4 percent, the IMF said in its latest Regional Economic Outlook for sub-Saharan Africa
A recovery in oil production and a good harvest in Nigeria, as well as the easing of tensions in the Niger Delta accounts for more than half of the additional growth.
Rand down, JSE slips as mini budget shows SA economy in dire straits
October 27, 2017--Some profit-taking in the resources sector has put a damper on activities on the JSE, and the major indices were marginally lower by mid-morning.
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Source: FIN24
JSE reaches new records as rand skids
October 26, 2017--The anomaly of the JSE breaking new records while the South African economy is in dire straits has continued, with most of the major indices trading at record levels.
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Source: FIN24
South Africa:JSE Green Bond to Fund Low Carbon Projects
October 25, 2017--THE Johannesburg Stock Exchange (JSE) is celebrating the launch of its Green Bond Segment, which provides a platform for companies to raise funds ring-fenced for low carbon initiatives.
It also enables the organisations to invest Socially Responsible Investment (SRI) funds in securities that are "truly green."
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Source: AllAfrica.com
Rand hedges propel JSE higher
October 25, 2017--The JSE reversed earlier losses to close the day firmer after Finance Minister Malusi Gigaba's mini budget knocked the rand.
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Source: FIN24
RAND LATEST: No stopping rand/dollar runaway train at the moment
October 25, 2017--The rand has weakened sharply after Treasury said it will increase its borrowings in the international market and issue short-term bonds to fund its higher borrowing requirements.
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Source: FIN24
JSE subdued as market awaits mini budget
October 24, 2017--MTN has been one of the few major shares on the JSE to make any significant moves as the market went into limbo in anticipation of the mini budget speech on Wednesday.
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Source: FIN24
Nigeria: Stock Market Closes Lower Despite Improved Earnings
October 23, 2017--Bearish sentiments dominated the Nigerian equities market last week contrary to expectations that the announcement of nine months earnings by companies would help to sustain the growth recorded the previous week.
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Source: FIN24
JSE inches up on flat trading
October 23, 2017--Banking stocks firmed despite a weaker rand, while subdued metal commodity prices did not deter gains among some JSE-listed miners.
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Source: FIN24
Rand plunge lifts major JSE indices to new highs
October 20, 2017--The rand's sharp fall to its weakest level in a week-and-a-half has given the JSE a welcome push, lifting the major indices back to all-time highs.
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Source: FIN24
