IMF-South Africa: Selected Issues
July 7, 2016--THE IMPACT OF CHINA'S GROWTH SLOWDOWN AND LOWER COMMODITY PRICES ON SOUTH AFRICA1
This paper estimates the impact of China's growth slowdown and the recent large decline in commodity prices on South Africa.
It seeks to identify the key channels through which a shock to
China's economy is transmitted to South Africa, as well as the propagation of this shock within the
economy. Our findings suggest that China's growth slowdown is likely to have a significant impact on
South Africa's economy, with commodity prices and global financial conditions the main transmission
channels. Sectoral interlinkages are found to play an important amplifying effect, notably through
employment, corporate profitability, and wealth effects.
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Source: IMF
JSE shares tumble as Brexit shakes global markets
July 6, 2016--Financial shares on the JSE have tumbled in line with global markets, as the reality of the consequences of Britain's decision to leave the European Union begins to sink in.
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Source: FIN24
Rand weaker as Brexit fears spook markets
July 6, 2016--The rand has retreated against the dollar, dragged down by worries over the domestic impact and renewed global fears over the impact of Britain's exit from the EU.<
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Source: FIN24
East Africa: Dar es Salaam Stock Exchange Best Performer in the Region
July 6, 2016--Dar es Salaam Stock Exchange (DSE) has emerged the best performer, measured by indices, in East Africa despite global headwinds that affected performance of the markets in the first half of 2016.
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Source: AllAfrica.com
East Africa: Dar es Salaam Stock Exchange Best Performer in the Region
July 6, 2016--Dar es Salaam Stock Exchange (DSE) has emerged the best performer, measured by indices, in East Africa despite global headwinds that affected performance of the markets in the first half of 2016.
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Source: AllAfrica.com
JSE making steady declines
July 5, 2016--Share prices on the JSE have been trading lower, with the banking and resources indices the big losers.
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Source: FIN24
Rand drops amid weaker Asian markets and faltering post-Brexit rally
July 5, 2016--The rand has dropped by over one percent against the dollar, with weaker Asian markets, a faltering post-Brexit rally and poor South African jobs data putting a dent in the currency.
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Source: FIN24
Rand scales one-week peak, stocks also firmer
July 4, 2016--The rand has reached its strongest level in more than a week to the dollar and is still on track to recoup losses after the Brexit debacle.
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Source: FIN24
JSE takes a breather
July 1, 2016--Share prices on the JSE has taken a breather, mainly due to some profit taking after the strong run of the previous three days.
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Source: FIN24
Rand flat as Brexit uncertainty dampens risk appetite
July 1, 2016--The rand has been flat as worries about Britain's shock decision to quit the European Union hit investors' appetite for riskier assets.
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Source: FIN24