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Namibia: Use Bitcoin At Own Risk-Central Bank
October 12, 2016--The Bank of Namibia recently made it categorically clear that it does not support the use of virtual currencies.
The Central Bank will also in due course release an opinion paper on the uses of Bitcoin, its spokesperson, Emma Haiyambo said.
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Source: AllAfrica.com
Nigeria: Report-Govt May Be Approaching Debt Trap
October 12, 2016--As the federal government continues to search for ways to take the country out of its present economic recession, a report has indicated that Nigeria may be approaching a debt trap.
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Source: AllAfrica.com
Rand recovers, stocks touch 3-1/2-month low
October 12, 2016--Stocks have reached 3-1/2-month lows in line with world equities, while the rand recouped some of its losses against the dollar.
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Source: FIN24
JSE posts slight rise as rand hedge shares shine
October 12, 2016--Banking shares, which lost more than R34bn of their value on Tuesday, have continued their slide but at a much slower rate than the day before.
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Source: FIN24
Rand still roiling from Gordhan bombshell
October 12, 2016--The rand's sudden drop in value following the NPA decision to summon Finance Minister Pravin Gordhan is not the end of the rand's decline, according to an economist
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Source: FIN24
Rand plunges as Gordhan saga intensifies
October 11, 2016--The rand has dived to its lowest in almost a month after Finance Minister Pravin Gordhan was ordered to appear in court to face fraud charges.
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Source: FIN24
Rand hedge stocks surge on shock Gordhan move
October 11, 2016--The JSE's Financial index has fallen, while rand hedge shares rose sharply after news that Pravin Gordhan has has been served a formal summons by the Hawks.
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Source: FIN24
Strong rand dents industrial shares on JSE
October 10, 2016--Share prices on the JSE have again fallen victim to the strong rand with the Industrial index, which includes most of the dual-listed shares, the biggest loser.
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Source: FIN24
Rand firmer as investors venture into risky assets
October 10, 2016--The rand has firmed against the dollar as investors, seeing less chance of a victory by Republican nominee Donald Trump in next month's US presidential election, ventured into riskier emerging markets.
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Source: FIN24
Gold advances as investors pile into ETFs
October 10, 2016--Gold has rebounded from the biggest weekly drop this year as investors piled into bullion-backed exchange-traded funds.
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Source: FIN24