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Wheels spinning off rand's rally as traders learn expensive lesson
October 18,2016--The roller-coaster ride highlights the difficulty of assessing political risk in SA, with some seeing Gordhangate as a tipping point, while others regard it as noise that will blow over.
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Source: FIN24
Rand steadies as support for Gordhan grows
October 17, 2016--The rand has rallied more than as political pressure on Finance Minister Pravin Gordhan eased and commodity prices steadied.
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Source: FIN24
Industrial shares drag JSE down
Industrial shares score in JSE rally
Rand rallies after Gordhan says he won't quit
JSE slips as China data sours global mood
Namibia: Use Bitcoin At Own Risk-Central Bank view more
Nigeria: Report-Govt May Be Approaching Debt Trap
Rand recovers, stocks touch 3-1/2-month low
JSE posts slight rise as rand hedge shares shine
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
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
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
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
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.
Source: AllAfrica.com
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
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
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
