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Share prices on JSE drift lower
December 30, 2016--Share prices on the JSE have been drifting lower on the second last day of the year, ending a fairly dismal year for the local market on a subdued note.
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Source: FIN24
Naspers helps to pull JSE up
December 29, 2016--Naspers, by far the biggest company on the JSE, has risen sharply and has pulled the rest of the market higher.
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Source: FIN24
Massive boost for commodity shares on JSE
December 28, 2016--International commodity prices have regained their upward momentum after some profit taking last week, giving commodity shares on the JSE a massive boost.
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Source: FIN24
JSE follows rest of world markets lower
December 23, 2016--With Wall Street taking a breather from its surge since the US election, the JSE followed markets elsewhere in the world lower too.
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Source: FIN24
JSE and world markets take a breather
December 22, 2016--Wall Street has taken a breather after its record breaking run and the rest of the world's markets have followed, including the JSE.
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Source: FIN24
Modest losses on JSE
December 21, 2016--The rand has bounced back strongly, putting a cap on the prices of the dual-listed shares, which represent a major part of the JSE's market capitalisation.
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Source: FIN24
Rand rides on oil, euro gains
December 21, 2016--Emerging-market equities halted a four-day slide, with the rand and Russian ruble leading gains in developing-nation currencies amid a rise in crude oil.
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Source: FIN24
Rand pressure helps big dual-listed shares on JSE
December 20, 2016--The rand has continued to be under pressure in reaction to higher US interest rates and that was good news for the big dual-listed shares on the JSE.
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Source: FIN24
EY's attractiveness program Africa 2016-Year end update
December 20, 2016--Year end update
The implications of multispeed growth for FDI in Africa
2016 has been the worst year for average economic growth across Sub-Saharan Africa (SSA) in over 20 years.
However, it is evident that the overall slowdown in growth masks significantly variable economic performance. The sharp downward revisions in growth forecasts this year mainly reflect challenging conditions in SSA's three largest economies, Angola, Nigeria and South Africa. Outside of these three economies, a number of bright spots remain, particularly in the East, Francophone and North African regions, where growth rates of 4% and above are still being achieved. Economic recovery in Angola, Nigeria and South Africa is likely to be a tough and gradual process. However, a diverse group of other economies-including Cote d’Ivoire, Senegal, Ethiopia, Kenya, Tanzania, Mozambique and Egypt are expected to sustain high growth rates over the next 5 years.
view the EY's attractiveness program Africa 2016-Year end update
Source: www.ey.com
East Africa Moving Toward Monetary Union
December 20, 2016--Five East African countries have joined forces with the aim of forming a single currency area by 2024.
Since the project's inception in 2000, Kenya, Uganda, Tanzania, Burundi, and Rwanda have been laying the groundwork for greater economic integration.
Measures such as establishing a Customs Union has helped streamline border clearances, simplify work permit issuance, and ensure the recognition of professional agreements by member countries. As a result, regional trade has increased by over 40 percent in the last five years.
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Source: IMF
