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Rand gains after US jobs underwhelms
May 8, 2015--The rand has gained over 1% against the dollar as jobs gains in
the US underwhelmed, helping to boost emerging market assets.
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Source: FIN24
Global bond sell-off hurts JSE
May 7, 2015--The mood in financial markets has deteriorated dramatically over the past few days
and the JSE followed world markets sharply lower.
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Source: FIN24
JSE books biggest drop in 6 weeks
May 6, 2015--The JSE has booked its biggest daily percentage decline in more than a month, tracking global
markets as anxiety from a sell-off in global government bonds spread to equities.
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Source: FIN24
Rand gains, economy woes offset by weak dollar
May 6, 2015--The rand has held on to gains against the dollar despite a fall
in domestic consumer confidence, as the greenback came under pressure from poor US trade data.
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Source: FIN24
JSE bides time ahead of market moving data
May 5, 2015--There has been very little excitement on the JSE, as markets
worldwide wait for market moving economic data to be announced later this week.
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Source: FIN24
Rand largely flat, interest rate in focus
May 5, 2015--The rand has been stable against the dollar and is expected to
trade in a narrow range for most of the session given a dearth of market moving data.
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Source: Fin24
Resources boost JSE
MAy 4, 2015--More bad news about the Chinese economy has given financial markets a boost, and particularly the
resources sector on the JSE which gained more than 2%
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Source: FIN24
SA stocks dip as commodity prices soften
April 30, 2015--South African stocks have fallen, dragged down by commodity
firms such as Impala Platinum and AngloGold Ashanti which tracked softer commodity prices.
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Source: FIN24
SA stocks fall for 2nd day ahead of Fed decision
April 29, 2015--South African stocks have slipped, falling for the second
consecutive session, driven by index heavyweight BHP Billiton as industrial metals faltered.
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Source: FIN24
IMF-Sub-Saharan Africa: Navigating Headwinds--Regional Economic Outlook, April, 2015
April 28, 2015--Executive Summary
NAVIGATING HEADWINDS
Sub-Saharan Africa's economy is set to register another year of solid economic performance, expanding at 4½ percent in 2015. This said, the expansion will be at the lower end of the range registered in recent years, mainly reflecting the adverse impact of the sharp decline in oil and other commodity prices. The effect of this shock will be quite heterogeneous across the region.
The region's eight oil exporters will be hit hard and, with limited buffers, are expected to effect significant fiscal adjustment, with adverse implications for growth.
For much of the rest of the region, near-term prospects remain quite favorable, with many countries benefiting from lower oil prices-although, for a number of them, this positive effect will be partly offset by the decline in the prices of other exported commodities. Notable exceptions are South Africa, where growth is expected to remain lackluster, held back by continuing problems in the electricity sector, and Guinea, Liberia, and Sierra Leone, where the Ebola outbreak continues to exact a heavy economic and social toll.
view the Sub-Saharan Africa: Navigating Headwinds--Regional Economic Outlook, April, 2015
Source: IMF
