Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Rand recovers from record lows
December 9, 2015--The rand has gained, rallying after hitting a record low in the previous session on a wide current
account deficit and a commodities selloff.
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Source: FIN24
Widening current account deficit threatens rand
December 8, 2015--The current account deficit has widened sharply in the third quarter of this year, signalling
further pressure on the rand as markets brace for a US rate hike.
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Source: FIN24
Widening current account deficit threatens rand
December 8, 2015--The current account deficit has widened sharply in the third quarter of this year, signalling
further pressure on the rand as markets brace for a US rate hike.
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Source: FIN24
Nigeria: Looking Beyond Positive GDP Growth Rate
December 8, 2015--The National Bureau of Statistics (NBS) released its third quarter (Q3) 2015 Gross Domestic Product, (GDP) report recently,
which showed that in spite of the macroeconomic challenges faced during the period, the economy grew by 2.8 per cent year-on-year.
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Source: allAfrica.com
Rand holds its own despite rating downgrade
December 7, 2015--The rand has been a touch firmer against the dollar despite the credit rating downgrade from Fitch,
suggesting the market has largely priced in the move.
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Source: FIN24
SA stocks set for worst week in 4 years as bonds drop
December 4, 2015--Equities slid and bonds tumbled, driving yields to 21-month highs ahead of credit-rating
reviews that may see the country move a step closer to junk.
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Source: FIN24
Rand, bonds weaker ahead of rating reviews
December 4, 2015--The rand has been slightly on the back foot against the dollar and is likely to stay under
pressure ahead of sovereign credit rating reviews.
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Source: FIN24
S&P revises outlook on SA to 'negative'
December 4, 2015--Standard & Poor's credit ratings agency has revised the outlook on South Africa to negative
from stable, saying economic growth was lower than expected.
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Source: FIN24
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
