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Rand touches 11-week low on downgrade fears
June 4, 2015--The rand has extended losses against the dollar,
touching an 11-week low in cautious trade a day ahead of a ratings update by Fitch.
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Source: FIN24
WEF-The Africa Competitiveness Report 2015
June 4, 2015-The Africa Competitiveness Report 2015 comes out at an auspicious moment for the continent. Africa's solid average growth rate of more than 5 percent over the past 15 years bears witness to the region's impressive economic potential.
A growing labor force and a large and emerging consumer market hold the promise of significant further growth opportunities. Yet myriad challenges need to be addressed in order to reap these potential gains. Africa's growth path could be more equitable and broad based. Economies need to shift toward higher value added activities that will provide quality employment opportunities for their growing populations and lay the foundations for sustained growth. Africa has all the ingredients to make this happen, and decisions and actions taken today will determine whether Africa will succeed in achieving higher levels of prosperity.
view the WEF Africa Competitiveness Report 2015
Source: World Economic Forum (WEF)
JSE rally runs out of steam
June 3, 2015--The remarkable turnaround on the JSE has not continued and by
midday most of the major indices were again decisively lower.
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Source: FIN24
Rand steady, focus on Greek debt hopes
June 3, 2015--The rand has steadied against the dollar after the Reserve Bank said an interest rate cut is
unlikely and hopes for progress in Greek debt talks boosted sentiment.
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Source: FIN24
JSE descent set to gather steam
June 2, 2015--The longest continuing drop on record in JSE share prices has entered its tenth consecutive day,
and the fall seems to be picking up momentum.
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Source: FIN24
Rand under pressure as eyes on Greece talks
June 2, 2014--The rand has been a touch stronger against the dollar but is not expected to hold on to gains as
uncertainty about a Greek funding deal saps investor appetite.
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Source: FIN24
Benchmarking Foreign Direct Investment in Southern Africa
June 2, 2015--Foreign direct investment (FDI) has been a hot topic in South Africa, following the government's unilateral cancellation of bilateral investment treaties (BITs) with the European Union and the release of the draft Promotion and Protection of Investment Bill.
But what is FDI, and why is it important? What are the other issues at play in the region when it comes to investment?
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Source: allAfrica.com
Nigeria: Stock Market Closes Positive As Investors Stake N22.1 Billion
June 1, 2015--[This Day] Nigerian bourse recorded a positive performance last week compared with the previous week with the Nigerian Stock Exchange (NSE) All-Share Index (ASI) and market
capitalization added value.
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Source: AllAfrica.com
Nigeria: Stock Market Closes Positive As Investors Stake N22.1 Billion
June 1, 2015--Nigerian bourse recorded a positive performance last week compared with the previous week with the Nigerian Stock Exchange (NSE) All-Share Index (ASI) and market
capitalization added value.
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Source: AllAfrica.com
Nigeria: Investors Lose N124.14 Billion to Sell Pressure in May
June 1, 2015--Trading on the Nigerian Stock Exchange (NSE) closed negative as the month of May closed Thursday, ahead of the public holiday declared by the Federal Government for Friday's inauguration ceremony of the Mohammadu
Buhari administration, which ended the 16-years rule of the Peoples Democratic Party (PDP) governments.
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Source: AllAfrica.com