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AFDB-African Economic Outlook 2019
February 11, 2019--This year's African Economic Outlook from the African Development Bank shows that the continent's general economic performance continues to improve.
Gross domestic product reached an estimated 3.5 percent in 2018, about the same as in 2017 and up from 2.1 percent in 2016. Africa's GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020.
But even that growth is not fast enough to address persistent fiscal and current account deficits and unsustainable debt. Indeed, countries have to move to a higher growth path and increase the efficiency of growth in generating decent jobs.
view the AFDB-African Economic Outlook 2019
Source: African Development Bank
Markets WRAP: Rand ends at R13.58/$
February 8, 2019--At 17:00 on Friday the local currency was trading 0.2% stronger against the dollar.
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Source: FIN24
JSE retreats as US-China trade talks stall
February 8, 2019--The lack of progress with the US-China trade talks further heightened investors' concerns on Friday which led to most global stock indices trading weaker.
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Source: FIN24
Africa: Continent's Free Trade Zone Is 'On Course'
February 8, 2019--Africa is trading-just not within the continent. The African Union wants to change this and launch the world's largest free trade area. The plan has potential, but some member states are keeping the AU in suspense.
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Source: allafrica.com
Markets WRAP: Rand closes at R13.62/$ ahead of SONA
February 7, 2019--TreasuryONE said earlier that emerging market currencies started the day on the backfoot
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Source: FIN24
Upbeat global sentiment continues to lift the JSE
February 6, 2019--The JSE advanced on Wednesday as global markets remained upbeat on the back of a corporate earnings releases out of the US.
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Source: FIN24
Markets WRAP: Rand closes at R13.51/$ as all eyes turn to SONA
February 6, 2019--All eyes now turn to President Cyril Ramaphosa who will deliver his State of the Nation address tomorrow evening.
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Source: FIN24
JSE breaks losing streak
February 5, 2019-The JSE closed firmer on Tuesday as it took a leaf from European and US equities which were buoyant on the back of good corporate earnings out of the US.
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Source: FIN24
Markets WRAP: Rand closes at R13.42/$
February 5, 2019--TreasuryONE's Andre Botha said earlier, "We have seen the rand trading in tight ranges as the market is taking a bit of a breather in anticipation of the two State addresses from the US and South Africa respectively this week."
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Source: FIN24
Nigeria: Stock Market Investors Lose Over N3tr to Political Intrigues
February 4, 2019--Alleged political intrigues ahead of the 2019 elections have taken a severe toll on the nation's stock market, causing investors to lose over N3.43 trillion in nine months of persistent decline.
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Source: allafrica.com
