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Rand prospects poor as dust settles over Zuma moves
December 16, 2015--The already fragile market confidence in the rand has been left in tatters by SA's political crisis, with risk firmly skewed towards a weaker rand, say analysts.
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Source: FIN24
JSE stabilises further
December 15, 2015-0The JSE has stabilised further after new Minister of Finance Pravin Gordhan did much to soothe investors' concerns about future fiscal discipline.
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Source: FIN24
Rand, bonds surge as Zuma reappoints Gordhan
December 15, 2015--The rand has strengthened, leading gains among major and emerging market currencies after President Jacob Zuma reappointed Pravin Gordhan as finance minister.
AA href="http://www.fin24.com/Markets/Currencies/rand-bonds-surge-as-zuma-reappoints-gordhan-20151214" TARGET="_top">view more
Source: FIN24
10 days of shocks and surprises for SA
December 15, 2015-It has indeed been quite a week in the world of SA finance. It included a downgrading by Standard & Poor's and by Fitch Ratings, a cabinet meeting, an NHI white paper announcement, and three finance ministers in quick succession.
All of this to the background tune of the rand falling sharply and a sell-off of government bonds.
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Source: FIN24
South Africa: SA Reels From Three Finance Ministers in One Week
December 14, 2015--The rand immediately improved after the reappointment of Pravin Gordhan as Finance Minister on
Sunday, after a week of market turmoil followed a shock move by President Jacob Zuma.
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Source: AllAfrica.com
SA reels from three finance ministers in one week
JSE rush on gold shares continues view more
Rand recovers after Nene firing sparks sell-off view more
Rand weakens to near record after Nene axing view more
Nigeria: Investors Lose N285 Billion in Two Days view more
December 14, 2015--The rand has immediately improved after the reappointment of Pravin Gordhan as Finance Minister, after a week of market turmoil followed a shock move by President Jacob Zuma.
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Source: Fin24
December 11, 2015--The gold share rush on the JSE to cash in on rand weakness has continued,
while foreign investors are leaving the financial sector in droves.
Source: FIN24
December 11, 2015--The rand has showed some signs of recovery after touching a record low, but markets remain on edge
after the shock sacking of Finance Minister Nhlanhla Nene.
Source: FIN24
December 10, 2015--The rand has weakened, edging towards the record low hit in the previous session after
President Jacob Zuma removed Nhlanhla Nene as Finance Minister.
Source: FIN24
December 10, 2015--Activities on the Nigerian Stock Exchange (NSE) sustained losses for two days following offloading of shares by both local and foreign investors.
Consequently, leading company shareholders yesterday lost about N285 billion or 2.9 per cent. The All-Share Index shed 528.53 basis points or 1.92 per cent to close at 27,004.50 basis points as against 27,533.03 recorded the previous day while market capitalisation of equities depreciated by N182 billion or 1.92 per cent to close lower at N9.284 trillion...
Source: allAfrica.com
