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Rand's depreciation set to continue
June 7, 2016--Pressure on the rand is likely to resume amid continued policy uncertainty, political tensions, and lacklustre economic growth, according to Overberg Asset Management.
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Source: FIN24
Nigeria: Capital Market Slumps Below 3-Yr Lows in 2015-CSCS Boss
June 6, 2016--The Central Securities Clearing System (CSCS) Plc has stated that the Nigerian capital market slumped below its three-year low in 2015 due to dwindling crude oil price, foreign exchange problems and exodus of foreign portfolio investors.
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Source: AllAfrica.com
Bonds firmer, rand steady after S&P review
June 6, 2016--Government bonds have firmed after S&P Global Ratings review, but the rand failed to extend gains as the dollar recovered.
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Source: FIN24
Rand slips as volatility expected in wake of rating reprieve
June 6, 2106--The rand weakened in early trade on Monday and was expected to be volatile as the dollar recovered and investors digested news that S&P Global Ratings had affirmed the country's investment-grade credit rating.
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Source: FIN24
Double dose of good news for SA rand
June 3, 2016--The rand has received an unexpected boost due to a dismal May jobs report out of the US and the decision by S&P to leave SA's credit rating one notch above junk status.
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Source: FIN24
JSE shows gains despite downgrade threat
June 3, 2016--Investors on the JSE seem to be taking a possible downgrade to junk credit status in their stride, with all major indices solidly higher by mid-morning.
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Source: FIN24
SA dodges S&P 'junk' bullet-for now
June 3, 2016--S&P Global Ratings has affirmed South Africa's long and short term foreign and local currency bond ratings at 'BBB-/A-3' and 'BBB+/A-2' respectively.
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Source: FIN24
South Africa: Economy Dodges Bullet As Ratings Agency Confirms Investment Grade
June 3, 2016--South Africans breathed a sigh of relief late on Friday when a major ratings agency affirmed its current assessment of South Africa's creditworthiness.
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Source: AllAfrica.com
Rand edges up amid rate review jitters
June 1, 2016--The rand has been a touch firmer against the dollar but is unlikely to post significant gains as investors fret about Standard & Poor's upcoming credit rating review.
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Source: FIN24
JSE records longest monthly gains in two years
May 31, 2016--Johannesburg stocks posted the longest stretch of monthly advances in almost two years.
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Source: FIN24
