Resilient JSE remains in the black
June 25, 2015--The JSE has been remarkably resilient, with most indices in the black although upbeat sentiment
on Greece in world markets has largely evaporated.
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Source: FIN24
Rand in narrow range as Greece in spotlight
June 25, 2015--The rand has been largely flat against the dollar,
while investors tracked ongoing negotiations aimed at averting Greece's debt problem
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Source: FIN24
Nigeria: NSE Moves to Protect Investors Using Broker' Online Trading Portals
June 25, 2015--The Nigerian Stock Exchange (NSE) is making moves to give investors using the online trading portals of stockbroking firms adequate protection as the exchange is coming out with new Rules in that regard.
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Source: allAfrica.com
Nigeria: NSE Moves to Protect Investors Using Broker' Online Trading Portals
June 25, 2015--The Nigerian Stock Exchange (NSE) is making moves to give investors using the online trading portals of stockbroking firms adequate protection as the exchange is coming out with new Rules in that regard.
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Source: allAfrica.com
JSE gains for third consecutive day
June 24, 2015--The JSE has continued its upward movement for the third consecutive day, as analysts say the
foundation is being laid for further upward momentum.
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Source: FIN24
Rand softer on Greece fears
June 24, 2015--The rand has been slightly on the back foot against the dollar,
as investors remain nervous about the global fallout from a possible Greek debt default.
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Source: FIN24
JSE up as Greece hopes improve sentiment
June 23, 2015--The JSE rally has continued on investor hopes that a settlement can still be reached on the Greek debt crisis,
with improved sentiment boosting indices.
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Source: FIN24
Rand dips ahead of Reserve Bank data
June 23, 2015--The rand has been weaker against the dollar ahead of the release of the Reserve Bank's quarterly bulletin,
which will provide data on the current account deficit.
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Source: FIN24
Nigeria exchange presses on with markets infrastructure overhaul
June 23, 2015--The Nigerian Stock Exchange has indicated that a decision over going public will soon be finalized, ushering in the investment it seeks to overhaul the country's financial markets infrastructure and attract foreign investors.
The user-owned NSE is looking to break decades of influence from local banks and brokers by demutualising.
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Source: FT.com
South Africa: Concluding Statement of an IMF Staff Visit
June 23, 2015--An International Monetary Fund,(IMF) team visited South Africa June 1-9, 2015 to discuss the outlook, risks, and policy challenges facing the South African economy. The main themes, which are broadly similar to those of the 2014 Article IV Consultation, are:
The growth and jobs outlook remains lackluster, with growth projected at 2 percent in 2015-16.
The improvement in the terms of trade has temporarily lowered inflation and somewhat reduced external vulnerability.
Downside risks persist, mainly stemming from electricity shortages, policy uncertainty, volatility in global financial markets, and global growth.
Reducing electricity shortages is the utmost priority. Other long-standing structural reform recommendations remain essential to boost growth and jobs.
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Source: IMF