Africa ETF News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
JSE rises despite weaker US jobs data
January 10, 2020--United States non-farm payrolls for the month of December came in lower than expected as the US economy added 145,000 jobs instead of the forecast 160,000 jobs.
view more
Source: FIN24
Zimbabwe: Stock Exchange Readies for New Listings
January 10, 2020--The Zimbabwe Stock Exchange (ZSE) is now open for listing of new products such as Exchange Traded Funds following amendments to listing requirements.
view more
Source: allafrica.com
Nigerian equities race higher after central bank policy shift
January 10, 2020--Nigeria's inventory alternate has begun the 12 months because the world's finest performer, powered by native traders switching into equities after the central financial institution shut them out of a short-term debt market.
The Nigerian Inventory Alternate All-Share Index is up greater than 9 per cent this week, placing it high of the desk amongst greater than 90 markets tracked by Bloomberg. Final 12 months, it ranked within the backside three due to a sluggish home economic system that’s but to completely recuperate from a recession introduced on by the 2014 oil value crash.
view more
Source: luxorr.media
JSE closes weaker as resources struggle
January 9, 2020--Miners have surged over the past couple of sessions on the back of firmer metal commodity prices, which have risen on the back of the tensions between the USA and Iraq.
view more
Source: FIN24
Rand rally cut short on US assassination of top Iranian general
January 3, 2020--The rand weakened by as much as 2% on Friday morning in the wake of the assassination of Qasem Soleimani by the US military.
view more
Source: FIN24
Africa Exchanges Lobby Group Plans to Link Seven Bourses by 2021
December 30, 2019--Tie-up aims to boost trading in securities on the continent
IFC studying potential for privatizations through listings.
The African Securities Exchanges Association has started a project that will link seven bourses on the continent by the first quarter of 2021 as part of efforts to increase trading in securities.
view more
Source: Bloomberg.com
Kenyan shares beat the JSE by a massive margin over the past decade
December 29, 2019--Nairobi's benchmark gauge climbed 74% since the decade opened, with the JSE up just short of 9% in dollar terms.
view more
Source: FIN24
Rand strength seems 'somewhat divorced' from actual SA sentiment-economist
December 28, 2019--The current strength of the rand appears to be "somewhat divorced" from actual sentiment around the SA economy, an emerging markets economist tells Fin24.
view more
Source: FIN24
Nigeria Economic Update: Accelerating Economic Expansion, Creating New Job Opportunities
December 19, 2019 – Nigeria could enable millions of citizens to escape poverty over the next decade through enacting bold reforms designed to boost economic productivity, according to the latest economic analysis.
The Nigeria Economic Update, Jumpstarting Inclusive Growth: Unlocking the Productive Potential of Nigeria's People and Resource Endowments, says the country's productivity-how successfully the economy transforms land, labor, capital and other inputs into goods and services-is low compared to peer countries, hindering economic growth, job creation, and living standards.
Without robust productivity growth, the report warns that living standards will continue to deteriorate, and the number of people living in poverty will continue to rise, increasing by more than 30 million by 2030.
view the World Bank Nigeria Economic Update, Jumpstarting Inclusive Growth: Unlocking the Productive Potential of Nigeria's People and Resource Endowments
Source: World Bank
JSE holds on to gains
December 12, 2019--After having opened and trading mostly firmer in the morning session on Thursday, the local bourse relinquished most of its gains despite eventually closing firmer on the day.
view more
Source: FIN24