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JSE continues record-breaking run despite Steinhoff slump
August 25, 2017--The sharp drop in Steinhoff's share price has not prevented the major indices on the JSE from trading at new record levels, with the record-breaking run continuing in morning trade.
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Source: FIN24
Rand dips below R13/$ on Yellen comments
August 25, 2017--The rand has firmed more than 1% as the dollar was placed on the back foot by comments made by Fed Chair Janet Yellen.
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Source: FIN24
JSE hits record level despite Steinhoff slump on fraud report
August 24, 2017--The JSE closed at record levels as Naspers gained 0.81% to end the session at R3 001.63, lifting the Industrial index 0.60%.
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Source: FIN24
Nigeria: Investment Inflow Into Nigeria Rises By 95 Percent to $1.7bn-NBS
August 23, 2017-- Investment inflows into Nigeria rose by 95.02 per cent from $884.1 million in the first quarter of this year to $1.79bn in the second quarter.
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Source: AllAfrica.com
JSE firms as Naspers touches R3 000 per share
August 23, 2017--At the close of the session, the JSE All-share Index gained 0.23%, while the blue,chip Top 40 gained 0.29% due to a higher weighting of Naspers.
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Source: FIN24
JUST IN: Inflation continues downward trend to 4.6%
August 23, 2017--July inflation declined to 4.6%, down from the annual inflation of 5.1% reported in June, according to Statistics SA.
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Source: Bloomberg
Shoprite-led retail rally fuels JSE
August 22, 2017--The JSE has pushed higher for a second consecutive session as positive financial results provided a boost to the equity market.
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Source: FIN24
Retailers, financials push JSE higher
August 21, 2017--The JSE, buoyed by retailers and financials which bounced on the back of the firmer rand, has closed in the green.
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Source: FIN24
Southern Africa: SADC Economic Outlook Generally Bright Despite Challenges
August 21, 2017--The economic situation in southern Africa is generally stable with most countries experiencing improved growth
SADC Executive Secretary, Dr Stergomena Lawrence Tax told the 37th Ordinary Summit of SADC Heads of State and Government in Pretoria, South Africa which opened on 19 August that the overall "macroeconomic situation and economic performance in the SADC region has remained positive, registering an upward trend in economic performance< albeit at a decreasing trend."
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Source: AllAfrica.com
