Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
African bourses set to close year in the red
December 3, 2015--Most African equities markets are likely to close the year 2015 in the red in US dollar terms,
judging by the losses recorded in the year to date.
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Source: FIN24
Rand drops on hawkish Yellen comments
December 3, 2015--The rand has fallen as the dollar gained after Federal Reserve chair Janet Yellen said she
was 'looking forward' to the first US rate hike in nearly a decade.
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Source: FIN24
No respite for banking sector as JSE demise continues
December 2, 2015--The lacklustre performance of the banking sector was typical of morning trade on the JSE
with all major indices down, except for the Resources and Gold indices.
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Source: FIN24
Rand on fragile ground ahead of ratings reviews
December 2, 2015--The rand has remained under pressure against the dollar as
investors fret about a possible credit rating downgrade.
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Source: FIN24
Rand recovers from record lows
December 1, 2015--The rand has reversed losses against the dollar after
touching a record low in the previous session as the greenback retreated from a 13-year peak.
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Source: FIN24
Rand hits all-time low as trade gap swells
November 30, 2015--South Africa's trade deficit has widened in October to the biggest gap
since January as imports of machinery, vehicles and oil climbed.
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Source: FIN24
SA closer to junk as credit rating reviews loom
November 30, 2015--Analysts say Fitch Ratings will this week cut its assessment to the lowest investment grade,
while Standard & Poor's should keep its rating at one level above junk.
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Source: FIN24
JSE loses ground after strong opening
November 27, 2015--Lack of liquidity has pushed South African financial
markets lower, with the rand and share prices losing ground.
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Source: FIN24
Rand to enter new week at 'worryingly weak levels'
November 27, 2015--The rand has weakened in thin trade with US markets closed for the Thanksgiving holiday,
while stocks are set to edge lower along with emerging market peers.
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Source: FIN24
Rand dips as US data bolsters rate hike case
November 26, 2015--The rand has softened slightly as the dollar rallied on positive US data that lifted the
chances of a December rate hike by Federal Reserve.
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Source: FIN24
