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Africa's Population Boom Can Propel the Region's Economic Take-Off
October 22, 2015--Government policies and actions taken today in Africa can increase the likelihood of capturing the potential benefits from the region's rapid population growth and propel economic takeoff, according to a new report from the World Bank Group.
The report, Africa's Demographic Transition: Dividend or Disaster? says that with the right policies, such as reducing fertility rates, and increasing investments in education and health care, especially for women and girls, countries can reap the benefits of demographic change and thereby enhance the overall development of a nation.
view the Africa's Demographic Transition : Dividend or Disaster?
Source: World Bank
South Africa: Rand Falls Nearly Two Percent After Student Chaos
October 21, 2015--The rand fell sharply to R13.52 against the dollar as chaos erupted outside parliament where Finance Minister Nhanhla Nene delivered his Medium-Term Budget Policy Statement, also known as the mini budget.
The rand was trading almost 2% down from R13.27 before students and the Economic Freedom Fighters (EFF) in parliament attempted to disrupt the minister's speech.
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Source: AllAfrica.com
Nigeria: Foreign Oil and Gas Investors Are Watching Nigeria, Says Lawhead
October 20, 2015--The Managing Director of Oil and Gas Council, a global business network for senior oil and gas executives, Mr. Drake Lawhead has stated that foreign investors in the oil and gas industry are currently watching Nigeria, stressing that it is undeniable that Nigeria's foreign
direct investment has been hampered by the perception or fact of corruption and theft.
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Source: AllAfrica.com
Relaunch of the African Economic Outlook 2015 at the United Nations General Assembly in New York
October 19, 2015--On September 28, 2015, the AfDB relaunched the African Economic Outlook 2015 at the United Nations General Assembly in New York.
The 2015 Africa MDGs Report and the 2015 African Economic Outlook Report, are two reports that provide comprehensive and comparable data and analysis comprising economic, social and political trends in Africa.
view the 2015 Africa MDG report
view the http://www.africaneconomicoutlook.org/en/" TARGET="_top">view the African Economic Outlook 2015 report
Source: African Development Bank (AfBD)
Nigeria: Revealed-the De-Licensed Stockbrokers
October 13, 2015-At the close of business on Wednesday September 30th, 3015, some stockbrokers and other capital market operators lost their licence to operate in the market.
This was due to their inability to comply with the new minimum capital market requirement stipulated by the Securities and Exchange Commission (SEC).
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Source: allafrica.com
Ethiopian Commodity Exchange gets online trading platform
October 13, 2015--The Ethiopian Commodity Exchange (ECX) has unveiled an online trading platform, eTRADE,
that has capacity for nearly 5,000 times more transactions than its current "open outcry".
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Source: africancapitalmarketsnews.com
JSE edges up as resources continue spectacular recovery
October 9, 2015--The JSE has continued to inch its way higher, with some resources shares which had been hard
hit by the commodities downturn now making strong recoveries.
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Source: FIN24
Rand firms as US rate hike looks unlikely
October 9, 2015--The rand has hovered near a three-week high, buoyed by signals that the Federal Reserve could
delay a rate hike as government bonds climb.
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Source: FIN24
JSE pauses as Industrial index hits new all-time high
October 8, 2015--Investors have taken a breather after the past few days'
strong gains offered opportunities for profit-taking, with the Industrial index on a new all-time high.
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Source: FIN24
Rand slips ahead of US Fed minutes, stocks fall
October 8, 2015--The rand has weakened in early trade as the risk-on environment that has supported emerging
market currencies in recent days started to fade.
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Source: FIN24
