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US jobs report lifts global stocks
April 5, 2019--The JSE has closed firmer as it was inspired by US markets which attempted to reach new all-time highs thanks to a better than expected US jobs report.
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Source: FIN24
Africa Eyes U.S.$1 Trillion in Private Equity Deals
April 4, 2019--The African continent is set for a major shift in Private Equity investment trends after a major announcement was made in Nairobi this week.
During the 16th annual African Private Equity and Venture Capital Association (AVCA) conference, fund managers from around the globe, mainly the US and European markets said they are ready to deploy up to US$1 trillion for investment in the continent.
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Source: allafrica.com
Local bourse closes softer as markets seek direction
April 4, 2019--The JSE closed weaker on Thursday as markets paused while awaiting fresh clues from the ongoing trade talks between China and the USA.
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Source: FIN24
Markets WRAP: Rand closes at R14.11/$
April 4, 2019--"News from further afield is that the trade talks between the US and China are heading for a conclusion which can give the rand the necessary shot in the arm to break lower and challenge the R14.00 level," says TreasuryONE's Andre Botha.
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Source: FIN24
Markets WRAP: Rand ends the day at R14.16/$
April 3, 2019--The rand ended the day's session at R14.16/$.
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Source: FIN24
IMF Staff Country Report-Nigeria: Selected Issues
April 3, 2019--GOVERNANCE IN NIGERIA: FOCUS ON THE OIL SECTOR AND AML/CFT1
Accountability, governance, and transparency in the state-owned enterprise (SOE) sector facilitate the
efficient use of public resources and help to monitor fiscal risks. Reducing leakages in the petroleum sector is especially macroeconomically critical, given Nigeria's current fiscal and external dependence on oil revenue.
Against this background, this paper provides an overview of developments, recent reforms, and challenges, and outlines policy recommendations for stronger governance and corruption
prevention, detection, and resolution, including through anti-money laundering and combating the
financing of terrorism measures that are useful beyond the petroleum sector.
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Source: IMF
Africa: How Soon Can the Continental Free Trade Agreement Be Implemented?
April 3, 2019--The African Continental Free Trade Area Agreement (AfCFTA) on Tuesday gathered the minimum required ratifications after the Gambia became the 22nd country to ratify the agreement.
The development, which comes a year after the deal was signed in Kigali, means that countries have adopted the agreement within their laws and hence ready for implementation.
April 2, 2019--The JSE paused on Tuesday as it took a breather along with most global markets following a significant rally in the previous session.
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Source: FIN24
Nigeria: Nigerian Stocks Now Cheapest Among African Peers
April 1, 2019--A sustained bear rally in the Nigerian equities market led to decline of 1.24 per cent in the first quarter (Q1) of 2019, thus making Nigerian equities the cheapest among its peers on the continent, THISDAY has learnt.
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Source: allafrica.com
