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Miners tumble to lead losses on the JSE
July 24, 2019--The general mining index closed significantly weaker despite marginal gains from both the platinum and gold mining index. Other major indices on the local bourse also tracked lower albeit at a slower rate than the general mining index.
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Source: FIN24
African Development Bank unveils new digital platform for Africa Investment Forum
July 23, 2019--The African Investment Forum's new digital platform will connect project sponsors with investment opportunities in Africa, vastly improving the quality of project information and documentation.
The Platform, as it is known, also provides an opportunity for Transaction Facilitators and Advisers to showcase their professional services to both Investors and Project Sponsors.
Project Sponsors will be able to provide information on their deals to a wide variety of investors at zero cost, while investors can showcase their product and service offerings, as well as express interest in projects on the platform.
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Source: www.afdb.org
Markets WRAP: Rand closes at R13.84/$
July 22, 2019--The day's range was between R13.82 to R13.97.
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Source: FIN24
Markets WRAP: The rand closed at R13.85/$
July 20, 2019--The day's range was between R13.81 and R13.95.
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Source: FIN24
JSE rises as market participants bet on more central bank stimulus
July 19, 2019--The JSE has risen primarily on the back of gains recorded on the mining index as well as advances from all the major indices.
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Source: FIN24
Markets WRAP: The rand closed at R13.90/$
July 18, 2019--The SA Reserve Bank announced earlier that it had decided to cut interest rates by 25bps from 6.75% to 6.50%.
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Source: FIN24
Muted session for the JSE as central bank cuts rates
July 18, 2019--The JSE had a relatively muted session on Thursday as it struggled to find direction ahead of the South African Reserve Bank's interest rate decision.
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Source: FIN24
Markets WRAP: Rand closes at R13.98/$
July 17, 2019--The day's range was between R13.94 and R14.00.
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Source: FIN24
JSE weaker ahead of SARB rate decision
July 17, 2019--The local bourse has retreated on Wednesday mainly on the back of broad-based weakness across most major global indices.
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Source: FIN24
Nigeria: Inflation Falls to 11.22%-Lowest in One Year
July 16, 2019-- The National Bureau of Statistics on Monday said the Consumer Price Index (CPI) which measures inflation rate dropped to 11.22 per cent in June 2019.
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Source: allafrica.com
