Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
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.
view more
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.
view more
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.
view more
Source: IMF
Sasol shines as oil price surge lifts JSE resources
December 12, 2016--The local market has remained in the black, but would have been lower were it not for resources shares gaining 1.87% by mid-morning on the back of higher energy prices.
view more
Source: FIN24
JSE rises on positive global market trends
December 8, 2016--The positive mood on world markets continued and the JSE has followed suit despite a rampant rand, with the Industrial index the star performer.
view more
Source: FIN24
Rand surprises with strong rally as consumer confidence improves
December 8, 2016--The rand has surprised the market with a strong rally this week as the FNB/BER Consumer Confidence Index saw consumer sentiment improving.
view more
Source: FIN24
Global markets boost lifts JSE
December 7, 2016--The JSE made an early start out of the starting blocks this morning in response to a strong surge on world markets, with bargain hunters looking for opportunities.
view more
Source: FIN24
Rampant rand reverses early JSE gains
December 6, 2016--The JSE started the day higher in line with global trends, but all major indices have lost ground as the strong rand caused a quick change of sentiment.
view more
Source: FIN24
S&P ratings: Treasury highlights 11 points
December 2, 2016--National Treasury has pointed out the strengths and weaknesses mentioned by S&P Global Ratings after the country escaped a downgrade to junk.
view more
Source: FIN24
