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Rand stronger, stocks rebound after mass sell-offs on coronavirus fears
March 2, 2020--The rand moved 1.1% stronger in early trade on Monday, as markets appear to be taking a "breather" from the sell-off from the previous week, says an analyst.
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Source: FIN24
Economists expect decline in GDP for Q4 of 2019
March 2, 2020--South Africa's GDP is expected to record a contraction when Statistics South Africa on Tuesday morning releases growth figures for the fourth quarter of 2019.
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Source: FIN24
Futuregrowth attacks JSE over R3.08trn bond market rules
February 28, 2020--Futuregrowth Asset Management accused JSE of reneging on agreements to improve investor protection in South Africa's R3.08trn bond market.
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Source: FIN24
More pain ahead for rand after worst start in decade
February 28, 2020--The rand is suffering its worst start to the year against the dollar since the global financial crisis of 2008, and it's not about to get any better in March, if history is any guide.
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Source: FIN24
JSE losses deepen as stock rout continues
February 27, 2020--The JSE tumbled on Thursday as it resumed its downward trend following a minor relief bounce caused by the Budget 2020 speech.
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Source: FIN24
South Africa: Economic Growth Revised Downward to 0.9 Percent
February 26, 2020--South Africa's economy is expected to grow by 0.9% in 2020, National Treasury said on Wednesday.
This is a downward revision from the 1.7% projection made in the February 2019 budget.
In its budget review just over a year ago, Treasury had projected real economic growth of 1.5% in 2019 and 1.7% in 2020.
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Source: allafrica.com
All-share index softer after mixed session
February 25, 2020--The all-share index eventually closed weaker on Tuesday following a mixed session in which the local bourse swung between gains and losses.
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Source: FIN24
Nigeria: Economy Records Highest Quarterly Growth Since 2016
February 24, 2020--The Nigerian economy is recovering as it grew by 2.55 per cent in real terms in the fourth quarter of 2019.
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Source: allafrica.com
Markets plummet as coronavirus fears escalate
February 24, 2020--The JSE plummeted along with global stocks as heightened fears over the spread of the coronavirus outside of China escalated.
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Source: FIN24
JSE stocks fall as coronavirus infections rise
February 21, 2020--It is becoming more apparent that some economies and companies will be severely impacted due to the loss of productivity caused by the quarantining of people
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Source: FIN24
