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SARB sees South Africa exiting recession
July 28, 2017--SA Reserve Bank chief Lesetja Kganyago says the country is expected to have emerged from its first recession for eight years during the second quarter of this year.
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Source: FIN24
JSE pulls back on profit-taking and in tandem with world markets
July 28, 2017--The major indices on the JSE have pulled back slightly in line with world markets, which also took a breather on the eve of latest US growth figures.
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Source: FIN24
SA mining industry on its knees as woes grow
July 27, 2017--South African mining companies are struggling to keep head above water amid legal uncertainty and a weak economy.
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Source: FIN24
JSE rises on Naspers boost and Fed rates statement
July 27, 2017--Share prices on the JSE have climbed again, jumping sharply in early trade but then moving sideways for the rest of the morning.
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Source: FIN24
Rand gains as Fed knocks dollar
July 27, 2017--The rand has received a welcome boost after dovish comments by US Federal Reserve chairperson Janet Yellen placed the dollar on the back foot.
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Source: FIN24
Nigeria's Infrastructure Investment Needs Hit U.S.$878 Billion
July 26, 2017--Nigeria has significant infrastructure investment gap put at $878 billion out of $97 trillion global needs, to address economic growth and existing shortfalls from now till 2040.
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Source: allafrica.com/
JSE continues positive momentum as gold stocks recover
July 26, 2017--All the major indices closed in the green, while the rand weakened slightly to R13.01 as the currency remains supported by recent dollar weakness.
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Source: FIN24
Resources rally pulls JSE higher
July 25, 2017--Resources emerged as the shining light on the JSE, keeping the overall index in the green.
Commodity prices were broadly higher, combined with the weaker rand, which slipped 0.68% to R13.03 at the close of the market.
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Source: FIN24
World Bank Review Reveals a Weakening of Policy and Institutional Performance in Africa
July 24, 2017--The quality of policies and institutions weakened in Sub-Saharan Africa in 2016 amid challenging economic conditions, according to the latest review by the World Bank. This weaker trend was observed in 40% of the region's IDA countries, notably commodity exporters and fragile states.
The review is the annual World Bank Country Policy and Institutional Assessment (CPIA) Africa analysis, which scores the progress Sub-Saharan African countries are making on strengthening the quality of their policies and institutions.
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Assessing Africa's policies and institutions: 2016 CPIA results for Africa
Source: World Bank
OECD-South Africa: Find new ways to boost growth and job creation
July 24, 2017--The South African economy has registered tremendous progress over the past two decades, boosting living standards and lifting millions out of poverty nationwide.
Further reforms are now necessary, however, to revive economic growth and ensure that all South Africans can benefit from it, according to a new report from the OECD.
The latest OECD Economic Survey of South Africa says that wide-ranging structural reforms will be needed to put the economy on a new growth trajectory, boost job creation and improve inclusivity
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