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Rand climbs as weak US data weighs on dollar
April 1, 2015--The rand has gained as much as 1.4% against the dollar, after weaker-than-expected US data led to a scale back of expectations when the
Federal Reserve will start hiking interest rates.
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Source: FIN24
JSE slows down ahead of Easter break
March 31, 2015--The JSE seems set to end the first quarter of 2015 on a quiet note, with the major indices
dropping slightly by midday.
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Source: FIN24
Nigeria: Selected Issues Paper
March 30, 2015--PROMOTING ECONOMIC TRANSFORMATION
Nigeria's long-term potential is keyed on promoting economic transformation. This implies taking
stock of initial conditions (reg
ional developmental disparities an
d the enabling environment-capital
and social infrastructure deficits), assessing long-term financing capacity, and evaluating the policies
and reforms to be implemented to meet the long term vision.
The recent fall in prices has highlighted the challenging but compelling need to address re
maining development challenges. This chapter discusses some of these development imperatives
current regional disparities and ongoing policy initiatives; capacity to finance infrastructure needs, promoting domestic saving through developing financial inclusion, and the opportun ity cost of quasi-fiscal activities ; fostering regional integration to stimulate non-oil exports; and building a data platform for enhanced decision-making.
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Source: IMF
Nigeria: Investors Trade N24 Billion Shares
March 30, 2015--A turnover of 2.509 billion shares worth N24.115 billion in 19,971 deals were traded last week by investors on the floor of The Exchange in contrast to a total of 1.382 billion
shares valued at N12.053 billion that changed hands the previous week in 16,877 deals.
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Source: AllAfrica.com
Industrials shine on JSE
March 30, 2015--The Industrial index has been the star performer on the JSE,
which was pulled higher by Naspers with a 3.58% gain to another new record.
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Source: FIN24
Rand hits one-week low against dollar
March 30, 2015--The rand has extended losses against the dollar, hitting a new one-week low,
as a basket of currencies suffered at the hand of a stronger greenback.
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Source: FIN24
SA stocks rise, PPC jumps after merger talks fail
March 27, 2015--South African stocks have snapped a two-day losing streak as shares in cement maker PPC rose when
the firm announced the end of merger talks with a rival firm.
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Source: FIN24
Rand steady, government bonds weak
March 27, 2015--Government bonds have weakened after the Reserve Bank signalled inflationary pressures are
narrowing its scope to pause hiking interest rates.
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Source: FIN24
JSE tracks global markets lower
March 26, 2015--World markets, including the JSE, have dipped as US investors ran for the sidelines due to
bad economic data and increased tension in the Middle East.
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Source: FIN24
Rand extends losses on dollar strength
March 26, 2015--The rand has extended losses against the dollar, despite a hawkish monetary policy statement,
mainly reflecting broad-based strength of the greenback.
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Source: FIN24
