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Rand weakens after weak GDP data
May 27, 2014--The rand has fallen against the dollar to its softest level in nearly a week
after the release of data showing the economy shrunk in the first quarter of the year.
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Source: FIN24
JSE makes mild gains as ministers sworn in
May 26, 2014--Markets have taken the appointment of President Jacob Zuma's new cabinet in stride
with the new Finance Minister Nhlanhla Nene seen as a safe pair of hands.
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Source: FIN24
Rand softer as market digests new cabinet
May 26. 2014--The rand has weakened slightly against the dollar as the market digested
President Jacob Zuma's new cabinet.
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Source: FIN24
JSE inches to record highs in cautious trade
May 23, 2014--South African stocks hit a record high for the second straight day
but gains were limited as investors cashed in recent advancers.
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Source: FIN24
Rand steady, likely to be range bound
May 23, 2014--The rand has held steady against the dollar
lacking momentum to break through a key resistance area at the R10.30 level after a rally in the previous session.
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Source: FIN24
All-share hits 50 000 as SABMiller rises
May 22, 2014-South Africa's main indices marked lifetime highs
with the broad All-share index hitting 50 000 for the first time in its history.
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Source: FIN24
Rand steady before rates announcement
May 22, 2014--The rand has been steady as the market awaits the SA Reserve Bank's policy statement
when it is expected to keep rates unchanged while flagging inflation.
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Source: FIN24
Rand steady, focus back on Ukraine
May 21, 2014-The rand has been steady against the dollar, but could lose ground if the crisis in Ukraine fans a
fresh wave of global investor aversion.
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Source: FIN24
JSE jumps as platinum producers rise
May 21, 2014--South African stocks have inched higher after long-suffering platinum producers recovered on hopes
that court-mediated talks may end a bruising industry strike.
Tanzania: Investors Warned On East African Market
However, companies moving into the region are urged not to view the five countries as an 'amorphous market.' Jonathan Yach, CEO of commercial property management company Broll East Africa, says EAC member states are aligned in regards to trade but each country is different from the next, necessitating an understanding of each country's economic and legal framework view more
Source: FIN24
May 20, 2014--EAST Africa is increasingly emerging as an attractive investment destination partly because of the economic integration of five states, bringing together more than 130m people, vast amounts of natural resources and agricultural land.
Jonathan Yach, CEO of Broll East Africa The East African Community (EAC), a federation of Kenya, Uganda, Tanzania, Rwanda and Burundi, has eased the movement of goods and people across the region and enabled companies to expand beyond national borders.
Source: AllAfrica.com
