Industrial shares drag JSE down
October 17, 2016--Comments from the Federal Reserve have affected share prices negatively, while on the JSE the dual-listed industrial stocks followed their European counterparts.
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Source: FIN24
Industrial shares score in JSE rally
October 14, 2016--The Industrial index has been the big winner on the JSE, as solid data from China led to a sharp recovery in early trade with major indices then moving mostly sideways.
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Source: FIN24
Rand rallies after Gordhan says he won't quit
October 14, 2016--The rand has rallied against the dollar after Finance Minister Pravin Gordhan described fraud charges against him as frivolous, adding he intended to continue in his job.
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Source: FIN24
JSE slips as China data sours global mood
October 13, 2016--A sharp decline in China's trade data has sent global markets into a spin and the JSE followed suit, with major indices more than 1% lower at mid-morning.
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Source: FIN24
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