Africa ETF News Older Than 1 year-If your looking for specific news, try using the search function
Rand fragile as political risk returns
January 31, 2017--The issues plaguing the rand are re-emerging, causing the currency to be on the back foot.
view more
Source: FIN24
Financial shares trade lower
January 27, 2017--Share prices have been drifting lower as a softer rand battered financial shares, with other major indices on the JSE moderately lower by midday.
view more
Source: FIN24
Rand tanks on Zuma's defiance comment
January 27, 2017--The rand has tanked following a report about President Jacob Zuma considering firing ministers who defy him.
view more
Source: FIN24
JSE lags global recovery as rand strength saps industrial sector
January 26, 2017--The global rally has lifted financial and industrial shares on the JSE, but the strong rand continued to cap the prices of the heavyweight dual-listed shares.
view more
Source: FIN24
Rand could strengthen to best levels since late 2015
January 26, 2017--The rand is continuing its rally and could reach levels against the dollar last seen in late 2015.
view more
Source: FIN24
The power of pension funds for African infrastructure
January 25, 2017--Opening the elegant new six-lane toll bridge stretching cross Dar es Salaam's Kigamboni Creek in April, Tanzania's President John Magufuli called it "liberation" for citizens.
It represents a $135m investment by Tanzania’s National Social Security Fund, the state-run pension fund, and government. China Railway Construction Engineering Group built the 680-metre bridge with China Railway Major Bridge Group and say it is the longest cable-stayed bridge in East Africa
view more
Source: africanbusinessmagazine.com
Rampant rand spoils resources rally
January 25, 2017--The rally in the resources sector in the JSE has lost some momentum, as a rampant rand put a cap on shares which earn most of their income in dollar.
view more
Source: FIN24
Commodity conglomerates hit new highs but rest of JSE subdued
January 24, 2017--The top JSE-listed commodity conglomerates have all traded at 52-week high as dollar woes continued to support the prices of industrial metals such as copper and iron ore.
view more
Source: FIN24
The path is clear for a new stock exchange-4 Africa Exchange plans to start operating in March
January 20, 2017--After battling the mighty JSE over the Financial Services Board (FSB) licence that paves the way for the launch of a new stock exchange, the 4 Africa Exchange (4AX) is readying itself to go live.
4AX announced on Thursday that all appeals against its exchange licence-awarded by the FSB in August last year-have been formally withdrawn.
view more
Source: MoneyWeb
JSE jittery ahead of Trump inauguration speech
January 20, 2017--All major indices on the JSE have been modestly lower as the world awaits clarification of Donald Trump's policies in his first speech as president of the US.
view more
Source: FIN24
