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JSE up from morning losses
July 8, 2015--The main indices on the JSE were virtually unchanged by midday,
thanks to a strong performance by financial shares.
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Source: FIN24
Rand weakens, mining strike fears weigh
July 8, 2015--The rand has dropped to a fresh four-week low against the dollar
after trade union Amcu walked out of gold sector wage talks, raising fears of a potential mining strike.
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Source: FIN24
Zimbabwe Stock Exchange automation successful
July 8, 2015--The Zimbabwe Stock Exchange (ZSE) started successfully trading on its new automated trading system (ATS) on Monday 6 July and volumes were picking up during the week.
This is a long-awaited change as the stock exchange moved away from call over and paper-based systems.
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Source: Africancapitalmarkets.com
JSE in limbo as world awaits next Greece move
July 7, 2015--The JSE has been treading water, slowly drifting lower as global financial markets wait for news on an
emergency eurozone summit on the Greek crisis.
Rand eases on Greece, no impact from data
July 7, 2015--The rand has traded near the previous session's three-week lows, taking its cue from weak markets in
major commodity importer China.
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Source: FIN24
Nigeria: Stocks Start Week Red, Extend Losses As Investors Remain Pessimistic
July 7, 2015--The equities market closed yesterday on a negative note, as Nigerian Stock Exchange [NSE] All Share Index [ASI] depreciated by 0.28 peer
cent to close at 32,447.05basis points, compared with the 0.61 per cent depreciation recorded previously.
Africa its own biggest investor
July 7, 2015--African pension fund capital has reached $340bn and is growing rapidly. In addition, increasing adoption of insurance around the continent is causing insurance company investment portfolios to grow, and they are now estimated to be around $270bn.
These figures come from the Bright Africa 2015 report, released today by RisCura, which looks at the drivers, enablers and managers of investment on the continent...
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Source: RisCura
JSE rallies after steep dive on Greece vote
July 6, 2015--The JSE has recovered remarkably well after opening sharply down,
tracking global markets lower as the Greek contagion hit emerging market stocks.
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Source: FIN24
Rand down, Greek fears dampen risk appetite
July 6, 2015--The rand has weakened as the eurozone crisis deepened after Greek voters rejected terms of a rescue package,
sending investors into safer havens.
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Source: FIN24
Confronting Conflict and Fragility in Africa
July 5, 2015--On June 8 and 9, more than 100 scholars and policymakers gathered at The University of California at Berkeley for the second edition of the Annual Bank Conference on Africa (ABCA).
Organized jointly by the Center for Effective Global Action (CEGA) and the World Bank's Office of the Chief Economist for the Africa Region, the conference focused on the causes and impacts of conflict and fragility in sub-Saharan Africa.
The Annual Bank Conference on Africa is held each year with a different academic partner and thematic focus.
Over the past two decades, GDP growth in Africa has been impressive. But while the narrative of "Africa rising" seems to have dominated the news, violence and conflict continue to affect many countries on the continent. Consider this: On the most recent list of fragile situations around the world, just over half are in sub-Saharan Africa. And while violent deaths due to conflict decreased markedly in the mid-2000s, the figure has been rising steadily since 2012.
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Source: World Bank