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Rand gains for fourth week as JSE rises
August 12, 2016--The rand has strengthened for a fourth week against the dollar as investors seeking higher yields piled into SA bonds and stocks.
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Source: FIN24
Financial shares crown JSE rally
August 12, 2016--The financial sector has rebounded strongly on the JSE, with the rest of the bourse following on the back of firm international markets.
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Source: FIN24
Nigeria: S'Africa Overtakes Nigeria As Africa's Biggest Economy
August 11, 2016--In dollar terms, South Africa is once again the biggest economy on the African continent, a position it reclaimed from Nigeria.
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Source: AllAfrica.com
JSE tracks global markets lower
August 11, 2016--All major indices on the JSE have lost ground as the bourse showed little movement and the market again struggled for direction.
Rand sits tight below R13.40/$
August 11, 2016--The rand has held steady at a new 10-month high as it continues to benefit from offshore yield players, Brexit, mixed data from the US and liquidity in the local market.
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Source: FIN24
Rand hits 10-month highs, stocks stumble
August 10, 2016--The rand has surged to a new 10-month high as the greenback sank after weak US productivity data again pushed back expectations of a Federal Reserve rate hike.
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Source: FIN24
DMS-Emerging Markets: South Africa's Electorate Matures
August 9, 2016--So we now have a cure for AIDS, according to South African President Jacob Zuma who is accused of raping an HIV-positive woman.
He admitted to having consensual unprotected sex with the 31-year-old, even though he knew she was infected. His solution, he said, was to have a shower after sex to prevent possible HIV infection. No more expensive medicines, just a shower. This, together with so many other factors, resulted in the governing ANC party being trounced badly in the recent municipal elections.
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Source: Peter Kohli, CEO, DMS Funds
JSE gets fillip as financial shares rise
August 8, 2016--Financial stocks on the JSE followed European markets higher, giving major indices a boost as the financial sector still scored from the UK's Brexit decision.
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Source: FIN24
Rand steadies after strong US jobs numbers dent good run
August 8, 2016--Strong US jobs numbers hit the rand over the weekend, but the currency has strengthened again to open trade at R13.70 to the dollar.