Nigeria: Country's Economy Slips Further Into Recession
November 22, 2016--Nigeria's economy further receded in the third quarter, with a 2.24 per cent contraction in Gross Domestic Product (GDP), while real GDP expanded for the second consecutive quarter, the National Bureau of Statistics (NBS) said yesterday.
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Source: FIN24
Weak rand a fillip for some JSE indices
November 18,2016--The rand has again been under pressure which helped some of the major indices on the JSE higher, although gains were still quite modest by mid-morning.
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Source: FIN24
Nigeria: Investors Lose N18 Billion On Nigerian Stock Exchange
November 18, 2016--The free fall of shares continued on Thursday on the Nigerian Stock Exchange (NSE) for the fourth consecutive day with investors losing N18 billion due to persistent profit taking.
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Source: AllAfrica.com
Africa: Nigeria Tops Africa in Internet Usage
November 17, 2016--Nigeria is currently ranked number 1 in Africa and eight in the world in terms of internet usage.
The latest ranking was contained in the second edition of digitalfacts-Nigeria, West & Central Africa; a publication produced by digitXplus.
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Source: AllAfrica.com
JSE nudges up as rally loses momentum
November 17, 2016--Major indices on the JSE have been modestly higher after a strong surge the previous day, with resources shares the biggest winners.
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Source: FIN24
Industrials boost JSE as Naspers rises almost 5%
November 16, 2016--Naspers, which represents more than 12% of the market value of the JSE, has risen almost 5%, pulling the rest of the market higher.
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Source: FIN24
UNDP South Africa launches the Africa Human Development Report-Accelerating Gender Equality and Women's Empowerment in Africa
November 14, 2016--UNDP South Africa in partnership with UN Women and the Commission on Gender Equality launched the second Africa Human Development Report published by UNDP entitled: Africa Human Development Report 2016, Accelerating Gender Equality and Women's Empowerment in Africa.
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view the Africa Human Development Report 2016-Accelerating Gender Equality and Women's Empowerment in Africa
Source: undp.org
Tanzania: The Role of Capital Markets in Financing Development
November 9, 2016--Earlier this year, the Dar es Salaam Stock Exchange was admitted as an affiliate member of the World Federation of Exchanges (WFE), the global body of exchanges, clearing houses and depositories that advocate for their cause, which includes championing, educating and working with country and global policy makers and regulators to ensure regulatory initiatives are well thought out and contribute to orderly, fair and transparent markets across the world.
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Source: AllAfrica.com