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JSE rises as Capitec sparkles
September 4, 2014--South African stocks have extended their winning run to a fourth straight session
, with Capitec leading the gainers after the lender flagged higher profits.
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Source: FIN24
JSE extends winning streak, Discovery shines
September 3, 2014--Johannesburg stocks have followed major overseas markets higher,
helping the main indices gain for a third straight day.
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Source: FIN24
Rand bounces back from 3-week low
September 3, 2014--The rand has recovered from a three-week low against the dollar,
pinning its hopes on international market events for further support.
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Source: FIN24
JSE up as investors buy into retailers
September 2, 2014--Stocks have ended in the black led by construction materials seller Cashbuild and upscale
food and clothing retailer Woolworths.
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Source: FIN24
Rand fragile against the dollar
September 2, 2014--The rand has fallen to its lowest level in a week against the dollar,
as another indicator showing domestic economic weakness pushed the currency lower.
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Source: FIN24
JSE advances as Bidvest jumps
September 1, 2014--Stocks have ticked higher as Bidvest Holdings advanced after the industrial conglomerate announced it could list
its food unit in London.
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Source: FIN24
Rand treads narrow path
September 1, 2014--The rand has traded largely flat against the dollar in a lacklustre session,
with weak domestic economic fundamentals likely to keep the currency under pressure.
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Source: FIN24
Africa: Less Truth in Africa Rising Meme
August 31, 2014--Before, during and after the US Africa summit, one of the most frequently repeated factoids supporting the Africa Rising meme was that 'seven out of the ten fastest growing economies are in Africa'.
In reality, this is both a far less accurate and much less impressive statistic than it sounds. More generally, narratives on African economic development tend to be only loosely connected to facts and driven more by hype.
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Source:AllAfrica.com
Nigeria: Stock Market Rebounds As Index Rises By 0.58 Percent
August 29, 2014--Investors in the Nigerian equities market hived a sigh of relief yesterday,
as the market returned to positive territory following the drive by bargain hunters to take advantage of highly discounted stocks.
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Source: AllAfrica.com
Growth seen for African trio
August 29, 2014--ECONOMIC growth in Nigeria, Kenya and Zambia will accelerate over the next two years while Ghana's economy is likely to struggle in the short term as its government is forced to rein in spending, a Reuters poll showed on Thursday.
While the Ebola virus outbreak in West Africa remains a serious concern, it does not pose a serious risk to the rest of Africa for now because its spread so far has been limited, economists say.
