Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Financial Markets: The African Development Bank and the African Securities Exchanges Association join forces to deepen Africa's capital markets
July 13, 2016--The African Development Bank (AfDB) and the African Securities Exchanges Association (ASEA) have signed,on Monday 11 July 2016, a five-year Memorandum of Understanding (MoU) to amplify the impact of their strategically aligned joint efforts to promote resources mobilization to fund Africa's economic growth.
This MoU will provide a collaborative framework for harmonizing and coordinating the efforts of AfDB, Africa's premier development finance institution, and ASEA, the apex body of African stock exchanges, towards deepening and connecting African financial markets.
view more
Source: afdb.org
Resources rise on JSE as gold and financials lose ground
July 13, 2016--Resources shares on the JSE have surged, but financial and gold stocks fell victim to profit-taking and the local bourse lags its overseas counterparts.
view more
Source: FIN24
Financial stocks shine on JSE
July 12, 2016--Financial shares have been the star performers on the JSE as a strong rally continued, but with local investors less exuberant than their international counterparts.
view more
Source: FIN24
Rand erases post-Brexit loss as inflows stoke stocks
July 12, 2016--The rand has gained the most among emerging-market currencies, driving yields to seven-month lows as investors bought the nation's stocks and bonds.
view more
Fin24
JSE remains hobbled by poor economic prospects
July 11, 2016--Share prices on the JSE have dipped again after opening sharply higher in response to a global rally, as investors continue to fret over local economic concerns.
view more
Source: FIN24
Rand sees 'impressive' recovery against pound amid Brexit
July 11, 2016--The rand has seen a 25% recovery against the pound since January, after Britain voted to leave the European Union on June 24.
view more
Source: FIN24
Poor economic prospects weigh on JSE
July 8, 2016--SA's poor economic prospects seem to be on the forefront of investors' minds, with most JSE indices barely in the back despite steadier world markets.
view more
Source: FIN24
Rand recovers in cautious trade ahead of US data
July 8, 2016--The rand has traded firmer, taking advantage of a slip by the dollar ahead of a jobs report in the United States that could confirm bets of delayed rate hikes
view more
Source: FIN24
East Africa: New Stock Exchange Starts Trading, Makes It Cheap for Investors
July 8, 2016--ALTX East Africa, the alternative stock exchange, has started operations in Uganda, with government debt-treasury bills and bonds-the first to be traded this week.
view more
Source: AllAfrica.com
Ageing population could affect SA's credit rating-S&P
July 7, 2016--An ageing population will place pressure on economic growth and public finances and can influence SA's credit rating, according to a report by ratings agency S&P.
view more
Source: FIN24
