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SA stocks dip as commodity prices soften
April 30, 2015--South African stocks have fallen, dragged down by commodity
firms such as Impala Platinum and AngloGold Ashanti which tracked softer commodity prices.
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Source: FIN24
SA stocks fall for 2nd day ahead of Fed decision
April 29, 2015--South African stocks have slipped, falling for the second
consecutive session, driven by index heavyweight BHP Billiton as industrial metals faltered.
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Source: FIN24
IMF-Sub-Saharan Africa: Navigating Headwinds--Regional Economic Outlook, April, 2015
April 28, 2015--Executive Summary
NAVIGATING HEADWINDS
Sub-Saharan Africa's economy is set to register another year of solid economic performance, expanding at 4½ percent in 2015. This said, the expansion will be at the lower end of the range registered in recent years, mainly reflecting the adverse impact of the sharp decline in oil and other commodity prices. The effect of this shock will be quite heterogeneous across the region.
The region's eight oil exporters will be hit hard and, with limited buffers, are expected to effect significant fiscal adjustment, with adverse implications for growth.
For much of the rest of the region, near-term prospects remain quite favorable, with many countries benefiting from lower oil prices-although, for a number of them, this positive effect will be partly offset by the decline in the prices of other exported commodities. Notable exceptions are South Africa, where growth is expected to remain lackluster, held back by continuing problems in the electricity sector, and Guinea, Liberia, and Sierra Leone, where the Ebola outbreak continues to exact a heavy economic and social toll.
view the Sub-Saharan Africa: Navigating Headwinds--Regional Economic Outlook, April, 2015
Source: IMF
SA stocks fall from record highs, Coronation slides
April 28, 2015--South African stocks have retreated from record highs as Coronation Fund Managers flagged lower
first-half earnings but iron ore companies bucked the weaker trend.
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Source: FIN24
Africa: Benefits of Adapting Africa's Infrastructure to Climate Change Outweigh the Costs
New report quantifies impacts of climate change on energy and water infrastructure, suggests adaptation options for investment plans, and provides suggestions to increase resilience now
April 27, 2015--The impact of climate change on Africa's water and energy infrastructure will be costly, according to a new World Bank report, prepared in collaboration with the United Nations Economic Commission for Africa (UNECA), and immediate action is needed to reduce these risks.
Enhancing the Climate Resilience of Africa's Infrastructure quantifies the impacts of climate change on hydropower and irrigation infrastructure and identifies adaptation options as well as recommendations for increasing climate resilience.
view the Enhancing the Climate Resilience of Africa's
Infrastructure-The Power and Water Sectors
Source: World Bank
JSE rally still in full swing
April 24, 2015--The Top 40-index has broken broke through 49 000 for the
first time and the Industrial index is also in record territory, with resources shares joining the party.
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Source: FIN24
JSE shrugs off adverse news to hit new high
April 23, 2015--The market seems able to put a positive spin on bad news, with major indices on the JSE all
trading at new all-time highs for reasons that sometimes defy logic.
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Source: FIN24
Rand eases on strong US housing resale data
April 22, 2015--The rand has weakened against the dollar as the greenback widened its gains on strong US housing
data, adding pressure on emerging market currencies.
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Source: FIN24
Rand on back foot as Greece fears hit markets
April 21, 2015--The rand has slipped to near a one-week low as the US dollar recovered recent losses
, boosted by market fears that Greece may default on its debt.
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Source: FIN24
Global uncertaintly puts damper on JSE
April 20, 2015--Uncertainty on world markets has affectd the JSE
with not much movement in the major indices in early trade.
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Source: FIN24