Global rout hits JSE but AB Inbev listing lifts industrials
January 15, 2016--Investor confidence on the JSE crumbled again amid another rout on world markets, with financial and resources shares the hardest hit.
view more
Source: FIN24
Rand weakens on fragile global sentiment
January 15, 2016--The rand has weakened in early trade as global risk aversion caused by fears over the health of the global economy on falling oil prices hit risk assets.
view more
Source: FIN24
Nigeria plans return to international bond markets
January 14, 2016--Nigeria is planning to make a comeback on international bond markets two years after its last sale of debt, as the country attempts to plug an $11bn budget deficit.
However, the cost of international borrowing for emerging markets has surged in the intervening years as a result of lower oil prices and a slowdown in...
view more
Source: businessdayonline.com
JSE tracks global markets lower
January 14, 2016--Sluggish economic conditions worldwide have led to plummeting markets, and all major JSE indices bar gold were down by midday.
view more
Source: FIN24
South Africa: Economy Is On a Cliff Edge
January 13, 2016--Current developments in South Africa are reminiscent of events in 1985.
In that year South Africa experienced high costs from currency depreciation and adverse political developments. At the time the country faced increasing international sanctions and isolation, while the exchange rate of the rand remained under severe pressure, recording sharp falls in the international value of the rand.
view more
Source: allafrica.com
JSE gets fillip from rand rally
January 13, 2016-The rand rally, which started on Tuesday, continued on Wednesday morning, also pulling the JSE higher.
view more
Source: FIN24
Africa: It's Not Game Over for Netflix
January 12, 2016--Netflix's global announcement was only a surprise in the scale of its ambition.
In terms of Africa, its entry into South Africa was pre-announced already but its desire to cover the whole continent was more of a surprise. Russell Southwood looks at why Netflix's move is good news and why things won't necessarily all go its way.
view more
Source: allafrica.com
JSE up on BAT, SABMiller boost
January 12, 2016--New highs reached by British American Tobacco and SABMiller have helped pull the rest of the market higher, despite a big selloff in commodity shares.
view more
Source: FIN24
Rand rallies to end 7-day losing streak
January 12, 2016--The rand has rebounded, as technical indicators have suggested to some traders that the currency's fall to a record this week was overdone.
view more
Source: FIN24
Nigeria: Stock Market-Investors Lose Over N233.2 Billion First Day Trading
January 12, 2016--Investors in the Nigerian stock market yesterday suffered another setback as their
investment dropped by over N233.2 billion.
view more
Source allafrica.com