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Zimbabwe: Has Zimbabwe's Ailing Economy Hit Rock Bottom?
September 25, 2017--Zimbabwe's economic crisis is at its worst in years after panicking citizens horded commodities and left supermarket shelves empty in recent days. Alarmed buyers bought goods in bulk after unspecified reports of impending goods shortages in a country ravaged over the years by drought and cash shortages.
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Source: AllAfrica.com
Firm rand on rate cut hold drags down JSE
September 22, 2017--The rand has strengthened after the South African Reserve Bank decided to keep the interest rate unchanged, yet again pushing share prices on the JSE down.
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Source: FIN24
JSE fails to inspire after tech glitch delayed start
September 21, 2017--The JSE has struggled to get ahead following a delayed start to the trading day due to technical issues at the exchange.
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Source: FIN24
Directionless JSE in doldrums as Sasol empowerment deal goes sour
September 20, 2017--Major indices have all been lower initially for the second consecutive day, as news of Sasol's failed empowerment transaction sent shock waves through the JSE.
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Source: FIN24
JSE edges lower as commodity share prices stall
September 19, 2017--The JSE has staged a late recovery to close marginally lower after a disappointing trading session.
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Source: FIN24
RMB launches sixth Where to Invest in Africa report: Despite Africa's recent setbacks, a treasure trove of opportunities still exists.
September 18, 2017--Africa's feverish growth has decelerated in recent years and many countries have buckled under the pressure of falling resource prices, security disruptions, fiscal imprudence and adverse weather conditions. However, most investors still believe Africa offers a treasure trove of opportunities, particularly in those countries which commit to structural reforms.
"Governments are gradually coming to the realisation that diversification is necessary to foster meaningful growth, but transformation cannot be achieved in isolation," says Nema Ramkhelawan-Bhana, Rand Merchant Bank (RMB) Africa analyst and co-author of RMB's sixth edition of its annual Where to Invest in Africa-A Guide to Corporate Investment report."
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Source: RMB
Positive trade on JSE following strong response to global markets
September 18, 2017--Although the SA economy has emerged out of the technical recession, numbers suggest that economic activity remains weak and consumer confidence is fragile.
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Source: FIN24
Zimbabwe: Stock Exchange in Record Bull Run
September 18, 2017--The Zimbabwe Stock Exchange is soaring, reaching new records each day. Last week alone, the market capitalisation added $3,2 billion to close at $11,3 billion as demand for equities soars.
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Source: AllAfrica.com
JSE tracks global slump on North Korean missile jitters
September 15, 2017--The JSE slipped on Friday in tandem with the broad-based weakness in global equity markets.
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Source: FIN24
Nigeria: Adeosun-Nigerian Economy Not Structured to Meet Demographic Needs
September 15, 2017--The Minister of Finance, Kemi Adeosun, has said the Nigerian economy is not structured to meet demographic needs of the various sectors of the economy, insisting that the oil model-based economy on which the economy was structured, has failed the country, because it never worked.
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Source: AllAfrica.com
