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Rand tumbles along with euro as ECB signals for more policy stimulus
July 25, 2019--The move in the rand was indirectly a result of the euro weakening ahead of the European Central Bank's interest rate decision and press conference which took place on Thursday afternoon.
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Source: FIN24
The Future of Work in Africa: The Roles of Skills, Informality, and Social Protection in Unleashing the Promise of Digital Technologies for All
July 25, 2019--STORY HIGHLIGHTS
A new World Bank report says Sub-Saharan African countries could benefit from well-harnessed technological adoption
Supportive policies and investments are needed to put lower-skilled and lower-educated workers in a position to benefit from digital technology adoption
The report, an in-depth regional perspective, complements the World Bank's World Development Report 2019: The Changing Nature of Work
As developing countries brace for technological advances and other disruptions arising from climate shocks, fragility, economic integration and population transitions that will fundamentally transform the work landscape, a new World Bank report notes that Sub-Saharan African countries may benefit from digital technology adoption in different ways than other regions.
The Future of Work in Africa: Harnessing the Potential of Digital Technologies for All, a regional companion piece to the World Bank's World Development Report 2019: The Changing Nature of Work, says the region has an opportunity to forge a different path from the rest of the world-if digital technologies are harnessed correctly by governments and businesses by ensuring that critical policies and investments are in place.
view the The Future of Work in Africa: Harnessing the Potential of Digital Technologies for All
Source: World Bank
The Future of Work in Africa: The Roles of Skills, Informality, and Social Protection in Unleashing the Promise of Digital Technologies for All
July 25, 2019--STORY HIGHLIGHTS
A new World Bank report says Sub-Saharan African countries could benefit from well-harnessed technological adoption
Supportive policies and investments are needed to put lower-skilled and lower-educated workers in a position to benefit from digital technology adoption
The report, an in-depth regional perspective, complements the World Bank's World Development Report 2019: The Changing Nature of Work
As developing countries brace for technological advances and other disruptions arising from climate shocks, fragility, economic integration and population transitions that will fundamentally transform the work landscape, a new World Bank report notes that Sub-Saharan African countries may benefit from digital technology adoption in different ways than other regions.
The Future of Work in Africa: Harnessing the Potential of Digital Technologies for All, a regional companion piece to the World Bank's World Development Report 2019: The Changing Nature of Work...
view the World Bank The Future of Work in Africa: Harnessing the Potential of Digital Technologies for All
Source: World Bank
Markets WRAP: The rand closed at R13.86/$
July 24, 2019--The day's range was between R13.86 and R13.94.
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Source: FIN24
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
