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South Africa's economy grew by 0.8% in 2018
March 5, 2019--South Africa's economy grew by 1.4% in the fourth quarter of 2018, Stats SA announced on Tuesday morning.
The figure of 1.4% was slightly above the consensus estimates of most analysts and economists of 1.2% growth.
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Source: FIN24
Local bourse closes weaker as SA GDP beats forecasts
March 5, 2019--The JSE erased earlier gains to close softer on Tuesday as broad-based weakness swept global stocks.
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Source: FIN24
Markets WRAP: Rand closes at R14.17/$
March 5, 2019--The local currency strengthened to R14.11/$ in the wake of the release of SA's GDP figures for 2018, but later weakened marginally in trade at R14.17/$ at 17:30 on Tuesday.
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Source: FIN24
Flat close for the JSE as financials cap index gains
March 4, 2019--The JSE closed flat on Monday as the losses recorded on the financials index capped the advance in the industrials index.
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Source: FIN24
Markets WRAP: Rand closes at R14.22/$
March 4, 2019--After weakening to an intraday low of R14.28 to the greenback, the local currency made up some ground to trade at R14.22/$ at 17:00, down 0.36%.
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Source: FIN24
Minor reprieve for the JSE as it inches higher
March 1, 2019--The JSE has inched higher as stocks staged a mild rebound following consecutive sessions of losses.
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Source: FIN24
Markets WRAP: Rand closes at R14.12/$
March 1, 2019--The rand was the worst performing EM currency in early trade.
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Source: FIN24
JSE weaker as companies flag tough conditions in earnings results
February 28, 2019--The local bourse has closed softer as market participants reacted to a flurry of earnings releases from JSE listed companies.
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Source: FIN24
JSE closes flat after a weak trading session
February 27, 2019--The JSE has traded mostly softer as the selling pressure from other global markets crept onto the local bourse.
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Source: FIN24
Nigeria Remains Africa's Largest Economy-Report
February 27, 2019--Nigeria has been named Africa's largest economy for the second year in a row by multinational professional services network PricewaterhouseCoopers (PwC).
The auditing firm disclosed this in the latest edition of its Nigeria's economic outlook titled: "Top 10 Themes for 2019," distinguishing the Nigerian economy from other seven.
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Source: allafrica.com
