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Rand gains as ANC contradicts Zuma on #GuptaEmails, calls for probe
June 2, 2017--The rand has gained sharply as the ANC contradicted President Jacob Zuma regarding the leak of the #GuptaEmails, which implicated him and other officials in state capture.
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Source: FIN24
S&P keeps rating at BB+
June 2, 2017--Standard & Poor's has kept South Africa's long term foreign currency rating at BB+ with a negative outlook.
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Source: FIN24
JSE continues to slide, as resources take a hit
June 1, 2017--The JSE slipped to a 5-week low as all key sectors closed in the red, with resource stocks taking most of the brunt.
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Source: FIN24
WEF-Africa Competitiveness Report 2017
May 31, 2017--The Africa Competitiveness Report was first published in 1998 and has, since 2007, been a biennial project highlighting areas that require policy action and investment to ensure Africa's sustained growth.
As the result of a longstanding collaboration, the report incorporates the knowledge and expertise of the African Development Bank, the World Bank Group and the World Economic Forum, presenting a joint vision that can inform policies and help Africa transform its economies.
view the WEF-Africa Competitiveness Report 2017
Source: WEF (World Economic Forum)
Rand, mining regulation weigh on JSE
May 31, 2017--The rand traded at R13.17/$ at the close of the JSE as heightened political risk weighed on the local unit, despite the dollar retreating against major currencies.
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Source: FIN24
Markets edge higher as rand loses ground
May 30, 2017--The rand continued to weaken but the local bourse showed improvements as American and British markets were back online.
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Source: FIN24
JSE flat as Zuma dodges another bullet
May 29, 2017--Trading on the local bourse remained subdued in light volumes as investors eyed the outcome of the ANC's NEC meeting.
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Source: FIN24
Rand shoots over R13/$ on Zuma saga
May 29, 2017--The rand has weakened to over R13 to the US dollar after the ANC national executive committee's announcement that Jacob Zuma is still the country's president.
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Source: FIN24
JSE set to end week flat as strong rand dents dual-listed shares
May 26, 2017--Share prices on the JSE have continued to move sideways and major indices will close the week almost unchanged, as the firm rand hurts demand for rand hedge shares.
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Source: FIN24
JSE skids on firm rand and as SARB keeps rates on hold
May 25, 2017--On the JSE, most of the blue chip stocks were trading in the red, led by rand hedge stocks which continued to slide due to the firmer rand.
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Source: FIN24