Africa ETF News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
Rand firms by 1.6% as dollar slides against the euro
November 1, 2018--The rand strengthened by as much as 1.6% as the dollar took a beating on Thursday morning.
view all
Source: FIN24
JSE firmer as global investor confidence improves
November 1, 2018--The JSE has closed firmer, led by gains mainly from the industrials sector.
view more
Source: FIN24
Rand firms by 1.6% as dollar slides against the euro
November 1, 2018--The rand strengthened by as much as 1.6% as the dollar took a beating on Thursday morning.
view more
Source: FIN24
Africa:A Shift in Expectations for Intra-African Trade
October 31, 2018--The signing of the Kigali Declaration in March 2018 marks a significant shift in expectations for intra-African trade.
Regarded as the first step towards the establishment of a Continental Free Trade Area (AfCFTA), the commitment shown by African political leaders shows that the issue is receiving priority status.
view more
Source: allafrica.com
JSE closes firmer to mark the end of red October
October 31, 2018--The JSE edged higher along with other global markets on Wednesday to mark the end of a forgettable month of October for stock markets.
view more
Source: FIN24
Markets WRAP: Rand closes at R14.80/$ averaging between R14.57 and R14.85
October 31, 2018--The rand spiked earlier in the day following the release of the latest trade balance figures for September, which came out negative R3bn vs the expected R4.2bn.
view more
Source: FIN24
Malawi:Cannabis Investors Woo Malawi On Industrial Hemp
October 30, 2018--A group of investors on industrial hemp are in the country to lobby the government make regulations which would allow the investors get licence to buy cannabis from the country considered to have economic, medical and nutritional value.
view more
Source: allafrica.com
Rand remains vulnerable amid trade and global growth jitters
October 30, 2018--While it firmed on Tuesday morning, the rand and other emerging market currencies are expected to remain vulnerable amid a speculative report that the US is preparing to hit China with fresh tariffs on consumer goods.
view more
Source: FIN24
Markets WRAP: Rand closes at R14.52/$, averaging R14.41 to R14.61
October 29, 2018--TreasuryOne said earlier that the rand was off Friday's lows as President Cyril Ramaphosa headed off to the G20 Africa summit in Berlin.
view more
Source: FIN24
African bond markets statistics
October 28, 2018--Here are a few overview statistics on African local currency bond markets taken from the African Financial Markets Initiative (AFMI) annual report 2017:
Total outstanding amount of African bonds and bills rose to $413bn in 2017 (up 13% on a year earlier), and bonds made up 70%.
More than 80% of the total comes from 5 countries: South Africa, Egypt, Morocco, Nigeria and Kenya (descending order of market capitalization). However, many markets are small with only 8 above $10bn in market capitalization and 19 markets below $1bn.
view more
Source: africancapitalmarketsnews.com