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SARB keeps rates unchanged as JSE closes softer
November 21, 209--Locally, the South African Reserve Bank decided to keep the repo rate unchanged at 6.50% as the bank reiterated that future policy decisions would continue to be data driven.
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Source: FIN24
JSE softer as inflation falls to lowest level in 8 years
November 20, 2019--The United States bill could potentially complicate the ongoing US-China trade talks which could result in a deal not being signed soon.
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Source: FIN24
JSE firmer as global markets remain buoyant
November 19, 2019--US indices recorded fresh all-time highs led by tech shares as the main equity bourses continued to show signs of resilience.
The upward momentum started off in Asia as the Hang Seng and Shanghai Composite Index closed 1.55% and 1% higher respectively.
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Source: FIN24
Industrials lead gains on the JSE
November 18, 2019--The local bourse took a leaf from the firmer closes in Asian markets where the Hang Seng and Shanghai Composite Index closed 1.35% and 0.8% higher respectively, while the Nikkei managed gains of 0.49%.
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Source: FIN24
JSE closes softer after flat session
November 15, 2019--The JSE closed softer on Friday as it lost momentum towards the close led by losses in the industrials and resources sectors.
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Source: FIN24
Stocks mixed as economic data disappoints
November 14, 2019--The JSE traded mostly flat on Thursday before it closed softer as stocks struggled for direction.
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Source: FIN24
African has grasped the Fourth Industrial Revolution, according to African Development Bank report, but its role globally could be even bigger
November 13, 2019--A report compiled by the African Development Bank reveals a continent that is embracing the brave new world of the Fourth Industrial Revolution but needs to improve access to finance, skills and inclusive growth.
The report, titled "Potential of the Fourth Industrial Revolution in Africa", was launched on Monday at the Africa Investment Forum, the continent's premier investment marketplace, organized by the African Development Bank and its partners.
It found significant uptake already in Africa of the Internet of Things-a market that could be worth as much as $12.6bn by 2021-and strong investment growth in new technology-led areas of AI, Big Data Analytics, blockchain, additive manufacturing and drones. This is not surprising given, as the report highlights, the broad and transformative effect these new technologies can have across all sectors from agriculture to manufacturing, and from health to education and government.
view the Potential of the Fourth Industrial Revolution in Africa report.
Source: African Development Bank
Stocks softer global sentiment remains subdued
November 13, 2019--The rand came under pressure as a result of this data as it reached a session low of R15.00/$.
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Source: FIN24
Local stocks edge higher
November 12, 2019--The local bourse edged higher on Tuesday on the back of broad-based gains across all the major indices.
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Source: FIN24
Local stocks retreat as global pessimism spreads
November 11, 2019--The JSE fell on Monday as it tracked other global markets lower which were dragged by increasing violence in Hong Kong, as well as US-China trade concerns.
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Source: FIBN24