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The path is clear for a new stock exchange-4 Africa Exchange plans to start operating in March
January 20, 2017--After battling the mighty JSE over the Financial Services Board (FSB) licence that paves the way for the launch of a new stock exchange, the 4 Africa Exchange (4AX) is readying itself to go live.
4AX announced on Thursday that all appeals against its exchange licence-awarded by the FSB in August last year-have been formally withdrawn.
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Source: MoneyWeb
JSE jittery ahead of Trump inauguration speech
January 20, 2017--All major indices on the JSE have been modestly lower as the world awaits clarification of Donald Trump's policies in his first speech as president of the US.
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Source: FIN24
Resources resume strong run on JSE
January 19, 2017--The three big dual-listed commodity giants have all again traded at new 52-week highs, but the rest of the market has however been more subdued.
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Source: FIN24
JSE lifts on greater global stability
January 18, 2017-Greater stability on world markets has helped the JSE regain its upwards momentum, although gains have been quite modest.
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Source: FIN24
Nigeria: Central Bank Bars Banks From Bitcoin, Virtual Currencies
January 18, 2017--The Central Bank of Nigeria (CBN) has barred deposit money banks and all other financial institutions from the operation of any form of virtual currency.
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Source: AllAfrica.com
Rand holding ground amid Brexit worries-expert
January 17, 2017--The rand has shrugged off the potentially negative effect Brexit could have on South Africa, says an investment strategist, following the British Prime Minister's Brexit speech.
Fin24.com | JSE takes a breather on Brexit jitters
January 17, 2017--The JSE has taken a breather on European market jitters on fears that the UK is heading for a "hard" Brexit, pushing the pound to some of the lowest levels in three decades.
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Source: FIN24
Anglo's spectacular rise boosts resources and pulls JSE higher
January 16, 2017--Resources shares have continued to pull the JSE higher, with global markets treading water as euphoria about economic stimulus by the Trump government begins to wear off.
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Source: FIN24
Richemont steals the show on JSE as Christmas bonanza buoys demand
January 12, 2017--The pattern on JSE has again been one of investors taking profits in early trade, but indices moved upwards again thanks to another record on London's FTSE index.
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Source: FIN24
JSE takes breather after previous session's gains
January 11, 2017--The JSE has taken a breather after the previous day's euphoria, when the market briefly followed London's FTSE index sharply higher.
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Source: FIN24
