Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
IMF Staff Completes 2017 Article IV Visit to South Africa
May 18, 2017--South Africa's rate of real GDP growth is projected at 1 percent in 2017 thanks to a resumption of solid agricultural production as the drought abates, and an increase in mining output prompted by a moderate rebound in the prices of South Africa's commodity exports
Headline inflation is expected to return below 6 percent in the second half of 2017 and in 2018, making it appropriate for policy rates to remain on hold, and for the central bank to stand ready to increase rates if inflation expectations were to rise.
With limited room for stimulus through macroeconomic policies, the priority to stimulate economic growth and job creation rests with structural reforms, notably in product and service markets and in the labor market.
view more
Source: IMF
JSE slips amid poor global market outlook
May 17, 2017--The JSE joined weaker global markets and closed in the red, despite a rebound in gold miners and Naspers rallying to a new all-time high
view more
Source: FIN24
Strong rand puts dual-listed shares under pressure on JSE
May 16, 2017--The JSE has once again been in limbo as the strong rand continues to dampen demand for dual-listed shares.
view more
Source: FIN24
JSE closes flat after golds give up gains
May 15, 2017--The JSE All Share index ended the day relatively flat as gold stocks shed earlier gains to close the day lower.
view more
Source: FIN24
Nigeria: Why Nigerian Stocks Are Rising
May 13, 2017--Nigerian stocks rose to a more than six-month high on Wednesday, lifted by gains in the banking, cement and oil sectors as dollar liquidity continued to improve on the currency market.
view more
Source: AllAfrica.com
JSE slips as rand firms and Richemont shows 5% loss
May 12, 2017--The JSE has dipped after Richemont, one of its biggest shares, shed more than 5% in early trade in response to a 14% drop in operating profit for the full year until end-March.
view more
Source: FIN24
JSE slips on firmer rand
May 11, 2017--The JSE slipped as the rand firmed to R13.38 to the greenback, following weaker dollar prices. The only winning index on the market belonged to the gold miners.
view more
Source: FIN24
JSE shows modest gains after previous session's rally
May 10, 2017--Share prices on the JSE have been taking a breather after the previous session's strong run in line with European markets, where trade was also sluggish.
view more
Source: FIN24
Rally in gold stocks boosts JSE
May 10, 2017--The JSE closed firmer, with gold miners the champions of the day, while the strengthening of the rand suited the financial stocks and retailers.
view more
Source: FIN24
Naspers rally propels JSE
May 9, 2017--The local bourse closed firmer as financials and industrials traded higher. Gold stocks capped gains on the JSE, as the price of gold remains weak.
view more
Source: FIN24
