Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Rand recovers from 14yr lows on trade surplus
July 31, 2015--The rand touched a new 14-year low against the dollar but later turned firmer, helped by data
showing a surplus in the trade balance for the second month in a row.
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Source: FIN24
JSE maintains momentum
July 30, 2015--The technical momentum which pushed the JSE higher in the previous session has continued,
as analysts warn more residual selling pressure is on the cards,
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Source: FIN24
Rand weakens ahead of US GDP data
July 30, 2015--The rand has been weakened against the dollar ahead of US GDP data that could reinforce
expectations the Federal Reserve will raise interest rates.
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Source: FIN24
Infrastructure : Africa50, a step change for infrastructure financing and development in Africa
July 30, 2015--Africa50, the new and innovative infrastructure investment platform promoted by the African Development Bank (AfDB) held its Constitutive General Assembly on the 29th of July 2015 in Casablanca, Morocco.
Twenty (20) African countries and the AfDB have subscribed for an initial aggregate amount of USD 830 million in share capital.
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Source: African Development Bank Group
JSE set for more volatility
July 29, 2015--Share prices on the JSE have lifted with industrials making the best recovery, but it seems a fair bit
of volatility has become the trend for the local bourse.
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Source: FIN24
Rand pauses ahead of Fed, jobs data
July 29, 2015--The rand has been largely unchanged as investors cautiously await a US Federal Reserve
policy statement and unemployment data later in the session.
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Source: FIN24
MTN sell-off dominates JSE
July 28, 2015--Investors on the JSE have dumped MTN shares after the
company warned of a drop in first-half earnings, while the major indices have mostly moved sideways.
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Rand weakens despite interest rate hikes view more
Gold index fillip fails to lift JSE view more
Rand recovers, Fed meeting in focus view more
Source: FIN24
July 28, 2015--The hope that higher interest rates will lure foreign bond investors may be based on flawed thinking,
says Overberg Asset Management in its weekly overview of the SA economic landscape.
Source: Fin24
July 27, 2015--A sharp rise in the Gold index could not pull the rest of the JSE higher and analysts say the
downward trend in gold stocks may not be over.
Source: FIN24
July 27, 2015--The rand has recovered steep recent losses as the dollar
slipped, giving emerging currencies a reprieve as a recent commodity rout.
Source: FIN24
