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Africa: End of the Commodity Super-Cycle Weighs on Growth
April 13, 2015-Sub-Saharan Africa's growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections released today.
This downturn largely reflects the fall in the prices of oil and other commodities, notes Africa’s Pulse, a twice-yearly World Bank Group analysis of the issues shaping Africa's economic prospects released today at the start of the World Bank Group’s 2015 Spring Meetings...
view Africa's Pulse
Source: World Bank
JSE tracks world markets to record high
April 10, 2015--World markets have approached record highs and the JSE
followed, with the All-share index reaching a new intraday high.
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Source: FIN24
Rand, govt bonds weaker on dollar pressures
April 10, 2015--The rand gave up its gains against the dollar, as the
greenback strengthened with jobless claims data easing concern over the state of the US economy.
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Source: FIN24
Naspers jumps as SA stocks rally
April 9, 2015--South African stocks have risen marginally as depressed
resource companies dampened a rally by index heavyweight Naspers.
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Source: FIN24
Rand reverses gains against dollar
April 9, 2015--The rand has reversed gains against the dollar, after
investors put behind them a recent raft of soft US data to still price in the prospect of higher rates in the world's biggest economy.
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Source: FIN24
SA stocks rise for second straight session
April 8, 2015--SA stocks have risen for the second consecutive day as investors scooped up shares in blue-chip heavy-
weight Kumba Iron Ore as the price of the commodity steadied.
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Source: FIN24
Rand gains in risk-on trade
April 8, 2015--The rand has strengthened against the dollar,
helped by investors' appetite for riskier assets on expectations that the US interest rate hike will be delayed.
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Source: FIN24
Nigeria: Investors Stake N279.12 Billion On 25.93 Billion Shares in First Quarter of 2015
April 8, 2015--Investors on the Nigerian Stock Exchange (NSE) staked N279.12 billion on 25.93 billion shares traded in 261,116 deals in the first quarter of 2015.
Statistics released by the NSE yesterday in Lagos showed that the market declined in volume and value as 27.9 billion shares worth N302.99 billion was achieved in 270,236 deals in the last quarter of 2014.
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Source: allAfrica.com
SA stocks end higher, MTN among top gainers
April 7, 2015--SA stocks have ended higher, following in the footsteps of major overseas markets,
with MTN among the top gainers as the West prepares to lift sanctions against Iran.
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Source: FIN24
Rand eases, ending US payroll rally
April 7, 2015--The rand has weakened, pulling back from a month-high as the US dollar regained its footing
following steep losses triggered by soft jobs numbers.
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Source: FIN24
