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Naspers bouys JSE after impressive Tencent results
August 16, 2017--The local bourse was buoyed by Naspers which jumped on the back of an impressive set of results from its Hang Seng listed associate, Tencent Holdings.
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Source: FIN24
Strong rand, low commodity prices weigh on JSE
August 15, 2017--Commodity shares have pulled the JSE lower as they were hit by the deadly combination of lower commodity prices and a stronger rand.
August 15, 2017--Ghana is the eighteenth-most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index (AII) compiled by Quantum Global's independent research arm, Quantum Global Research Lab.
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Source: AllAfrica.com
Naspers lifts JSE higher as Tencent shares gain
August 14, 2017--Naspers has pulled the JSE higher after a strong recovery in Asian stocks saw the share price of Tencent, Naspers' Chinese subsidiary, gaining almost 5%.
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Source: FIN24
Naspers drags down JSE amid Tencent tumble
August 11, 2017--The JSE has extended losses in late trade as it joined world markets amid a global tech stock meltdown, with Chinese internet behemoth Tencent leading the slump.
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Source: FIN24
Nigeria: Non-Oil Exports-How Nigerians in Diaspora Can Help Rebuild Economy
August 10, 2017--The government aims to replace oil as the major national exchange earner by growing non-oil exports to $30 billion in the next 10 years and eventually attain 20 percent of non-oil exports to GDP or approximately $100 billion annually based on its Zero Oil Plan.
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Source: AllAfrica.com
Gold glitters on dull JSE
August 10, 2017--Gold stocks have been the shining light on the JSE, after the metal rallied to $1 286/oz amid escalating geopolitical tensions between North Korea and the US
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Source: FIN24
Rand goes from best performer to laggard as Zuma wins vote
August 9, 2017--The rand fell for a second day against the dollar after President Jacob Zuma survived a no-confidence vote that could have brought an end to his administration.
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Source: FIN24
JSE muted as market awaited Zuma's fate
August 8, 2017--Activity on the JSE remained muted as market participants waited for the outcome of the vote of no confidence. At markets close, MPs were still to cast their vote via secret ballot.
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Source: FIN24
Rand leads world currency losses as Zuma survives ouster vote
August 8, 2017--The rand tanked after President Jacob Zuma survived another motion of no confidence even after the vote was done through a secret ballot.
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Source: FIN24