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Unlocking Investment in West Africa
July 10, 2017--STORY HIGHLIGHTS
West Africa's integration into the world economy is low
The region attracts only 5% of Foreign Direct Investment into Africa
Countries are working to break down barriers to investment
Despite West Africa's enormous investment potential, its integration into the global economy is low. One sign of this is that the region captures only 5% of Africa's total Foreign Direct Investment (FDI).
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JSE closes weaker as rand hedges shed gains
Rand slides on Reserve Bank nationalisation jitters
The Moneyweb Investor: Recession and dirty politics; but good things too view
Naspers lift gives JSE a boost
Rand slides on reserve bank nationalisation jitters
Following last year's
near-standstill in economic activity, growth is projected to increase to 1.0 percent in 2017 and
1.2 percent in 2018, still insufficient to keep pace with the rising population. The current account deficit is projected to decline to 3 percent of GDP in 2017, boosted by mining and agricultural
exports, and to widen to just below 4 percent of GDP in the medium term.
Source: IMF
July 6, 2017--The JSE traded weaker as most rand hedge stocks shed some gains.
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Source: FIN24
July 6, 2017--The rand weakened significantly against most major currency pairs after the ANC made an announcement proposing the nationalisation of the SA Reserve Bank.
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Source: FIN24
July 5, 2017--Yes, recession is stifling the economy and dirty politics darkens our discourse, but that is today.
There are those who are planning for a better, brighter tomorrow. We talk to Chris van der Merwe, founder of Curro, about how he plans to transform tertiary education for the greater good with his new company, Stadio.
Source: MoneyWeb
July 5, 2017--Naspers has recovered some of the losses it suffered in the previous session, lifting the Industrial index and in turn helping to pull the overall market higher.
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Source: FIN24
July 5, 2017--The rand weakened significantly against most major currency pairs after the ANC made an announcement proposing the nationalisation of the SA Reserve Bank.
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Source: FIN24
