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Southern Africa: SA Among Worst Economic Performers in Region
January 27, 2016--South Africa will be among the worst economic performers in sub-Saharan Africa as higher tariff barriers, protection for inefficient industries and deeper state intervention are set to draw back growth this year, according to analysts.
However, economists said this week that overall growth in the region would accelerate only "slightly".
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Source: allafrica.com
East Africa Agrees to Fast-Track Unification of Stock Exchanges
January 27, 2016--East Africa has agreed to fast-track the unification of the four bourses via an online portal allowing cross-trading in securities.
In a joint statement the East African Securities Association through the chairman Mr Pierre Celestone Rwabumbuka urged member bourses to fast-track integration of the Kenya, Uganda, Tanzania and Rwanda bourses to create sustainable markets that support growth of individual economies.
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Source: AllAfrica.com
JSE recovery loses steam
January 27, 2016--The JSE has lost some of the momentum gained in early trade, mainly due to the resources sector which shed more than 1% gained during the course of the morning
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Source: FIN24
Rand firmer, but will struggle to sustain gains
January 27, 2016--The rand has been a tad firmer against the dollar, in a market anticipating an interest rate hike as the Reserve Bank fights inflation pressures.
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Source: FIN24
Rand weakens as global market sell-off resumes
January 26, 2016--The rand has softened in early trade as an oil price plunge swang global markets away from riskier assets.
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Source: FIN24
Nigeria: Nigerian Stock Market Indices Up By 0.59 Per Cent
January 23, 2016--The market indices of the Nigerian Stock Exchange (NSE) on Friday, appreciated further by 0.59 per cent following price appreciation.
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Source: AllAfrica.com
JSE bounces back from lows
January 22, 2016--Global markets have recovered steeply, indicating they may be nearing the end of the current panic, while the JSE has also moved decisively from the previous day's low.
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Source: FIN24
Rand to track global trends as market awaits rate call
January 22, 2016--The rand has mostly been flat against the dollar in early trade and is expected to follow global trends as investors await next week's interest rate announcement.
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Source: FIN24
JSE hovers near bear market on global market drop
January 21, 2016--Oil prices gave up the gains of a short rally to reach new 13-year lows, sending stock markets worldwide in a tailspin and putting new pressure on the JSE.
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Source: FIN24
Rand weakens after inflation jumps
January 21, 2016--The rand has dropped, pressured by a rise in inflation figures released before the Reserve Bank is due to decide on interest rates in its first 2016 policy meeting.
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Source: FIN24
