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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
Financials and retailers gain on back of secret ballot announcement
August 7, 2017--The JSE closed firmer following the announcement that the vote in no confidence in President Jacob Zuma will be by a secret ballot.
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Source: FIN24
Weak rand supports dual-listed shares on JSE
August 7, 2017--The JSE's All-share index has breached the 56 000 level decisively, as the softening rand continued to support dual-listed shares with Industrial and Resources indices the star performers.
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Source: FIN24
JSE moves further into record territory on financials push
August 4, 2017--Financial shares have continued their strong run on the JSE to push the overall market further into record territory, and the All-share index reached yet another high.
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Source: FIN24
JSE gets fillip from strong move in financial sector
August 3, 2017--A rally in the financial sector helped the rest of the market higher in morning trade, lifting the All-share index to a new all-time high and the Top 40 index to a new record.
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Source: FIN24
JSE reverses towards the close to end in the red
August 2, 2017--Equities closed the say in the red, having been dragged down by weaker commodity prices.
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Source: FIN24
South Africa: SA Still a Choice Investment Destination
August 1, 2017--South Africa continues to attract investment, despite global challenges, with foreign direct investment in the country increasing.
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Source: allafrica.com
IMF Staff Concludes Visit to Nigeria
August 1, 2017--Six countries in central Africa have been hit hard by the collapse in commodity prices. Oil prices dropped, economic growth stalled, public debt rose, and foreign exchange reserves declined.
A delayed response from policymakers, and a regional conflict have worsened the situation further for people in the region.
The countries of the Central African Economic and Monetary Community are Gabon, Cameroon, Chad, the Central African Republic, the Republic of Congo, and Equatorial Guinea. They share a common currency-the CFA franc-that is pegged to the euro, and have a common central bank that holds the region's pool of foreign exchange reserves.
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Source: IMF
Gains as rand hedges continue to lift JSE
August 1, 2017--The JSE has managed to reverse earlier losses to close in positive territory as rand hedges pushed the index higher yet again, explains EasyEquities.
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Source: FIN24
Rand breaches R13.30/$ on ratings jitters
August 1, 2017--The rand has extended its losses, breaching the R13.30 to the US dollar level as credit rating fears resurfaced.
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Source: FIN24
