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SGSS selected by Coreshares for custody services
June 16, 2016--CORESHARES, a leading passive investment management business in South Africa, has retained Societe Generale Securities Services (SGSS) to provide custody services for two of its ETF funds launched in Mauritius.
Services provided by SGSS:
Global custody services including position-keeping of assets in a number of jurisdictions
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Source: Societe Generale Securities Services
JSE heading for negative territory after solid start
June 15, 2016--Most indices on the JSE seem set to end the day in negative territory after moving sideways or even downwards in late morning trade.
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Source: FIN24
Rand fragile as current account gap widens
June 15, 2016--The rand has stayed on the back foot against the dollar in early trade a day after Reserve Bank data showed a wider-than-expected current account deficit.
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Source: FIN24
JSE down on Brexit uncertainty
June 14, 2016--Share prices on the JSE have dipped in reaction to weaker global markets which are caught up in uncertainty over Britain's future membership of the EU.
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Source: FIN24
Rand dives as current account stays stubbornly wide
June 14, 2016--The rand has weakened sharply against the dollar, after the first-quarter current account deficit widened to 5% from a revised 4.6% in the fourth quarter of last year
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Source: FIN24
Nigeria: Equities Attract U.S.$202 Million Foreign Investments
June 13, 2016--Amid sliding profile of the nation's foreign exchange earnings, the equities sector attracted $201.69 million in the first quarter (Q1) of 2016.
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Source: AllAfrica.com
Nigeria: Nigerian Equities Recorded Highest Returns On Investment in May
June 13, 2016--The Nigerian equities market fetched investors the highest returns in the month of May, 2016 globally despite the economic headwinds, THISDAY checks have revealed.
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Source: AllAfrica.com
Zimbabwe: 'The Rand Will Give Temporary Relief'
June 13, 2016--The use of the South African rand for transactional purposes can make the local industry competitive in the short term, but will not take the economy beyond the horizon, industrialists and economists have said.
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Source: AllAfrica.com
JSE tracks global markets lower
June 13, 2016--Global stocks have been sharply down as the world awaits key central bank decisions and the JSE was no exception, with all major indices lower at mid-morning.
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Source: FIN24
JSE loses ground as poor GDP data hits home
June 10, 2016--Share prices on the JSE have mostly been down, with financial and resources shares trading lower as weak economic numbers raised concerns about growth prospects.<
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Source: FIN24