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Rand takes a beating, heading back to R15/$ in May
May 4, 2016--South Africans should prepare themselves for more drastic shifts in the rand as the rating downgrade looms, an analyst has warned after the rand went from R14.23 to R14.72.
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Source: FIN24
Investors get mixed returns in Africa
May 3, 2016--Equity market investors have suffered heavy losses in Nigeria and Ghana but enjoyed good returns in South Africa for the four months ended April 29 2016.
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Source: FIN24
Rand weakens on import demand, stocks fall
May 3, 2016--The rand has fallen as much as 1.4% against the dollar, weighed down by a combination of global risk aversion and a surge in domestic corporate import demand.<
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Source: FIN24
IMF-Sub-Saharan Africa Regional Economic Outlook: Time for a Policy Reset
May 3, 2016--After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks-the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa.
Growth fell in 2015 to its lowest level in some 15 years and is expected to slow further to 3 percent in 2016. The growth performance, however, differs across countries, with most oil importers faring reasonably well.
view the Regional Economic Outlook Sub-Saharan Africa-
Time for a Policy Reset
Source: IMF
JSE dips on rand rally
April 29, 2016--Share prices have mostly been lower as the market's attention turned to the rand, which strengthened to its best level in a week on the back of a weaker dollar.
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Source: FIN24
Rand firmer on risk appetite boost
April 29, 2016--The rand has firmed against the dollar, holding on to a one-week high buoyed by risk appetite after a string of disappointing data releases from the United States.
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Source: FIN24
Nigeria: Rekindling Hope for a More Robust Economy
April 28, 2016--Nigeria's troubled economy is a source of worry for its managers and citizens.
But with the recent measures adopted by the CBN to tackle the headwinds and government's commitment to diversifying the economy, Nigeria appears set to take a turn for the better come 2018.
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Soure: AllAfrica.com
Gold gains enliven slow holiday trade on JSE
April 28, 2016--Gold shares have been the big winners on the JSE as the dollar took a hammering on global markets, amid quiet trade with many investors away for a long weekend.
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Source: FIN24
Rand flat, seen trading sideways rest of the week
April 28, 2016--The rand has been mostly flat against the dollar, with traders and analysts expecting it to drift sideways after the Federal Reserve's latest policy statement.
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Source: FIN24
Rand dips in thin pre-holiday trade ahead of Fed decision
April 26, 2016--The rand has continued to weaken, succumbing to thin liquidity ahead of Freedom Day and modest global appetite as investors await a US rates decision.
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Source: FIN24
