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Rand steady, likely to be range bound
May 23, 2014--The rand has held steady against the dollar
lacking momentum to break through a key resistance area at the R10.30 level after a rally in the previous session.
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Source: FIN24
All-share hits 50 000 as SABMiller rises
May 22, 2014-South Africa's main indices marked lifetime highs
with the broad All-share index hitting 50 000 for the first time in its history.
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Source: FIN24
Rand steady before rates announcement
May 22, 2014--The rand has been steady as the market awaits the SA Reserve Bank's policy statement
when it is expected to keep rates unchanged while flagging inflation.
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Source: FIN24
Rand steady, focus back on Ukraine
May 21, 2014-The rand has been steady against the dollar, but could lose ground if the crisis in Ukraine fans a
fresh wave of global investor aversion.
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Source: FIN24
JSE jumps as platinum producers rise
May 21, 2014--South African stocks have inched higher after long-suffering platinum producers recovered on hopes
that court-mediated talks may end a bruising industry strike.
Tanzania: Investors Warned On East African Market
However, companies moving into the region are urged not to view the five countries as an 'amorphous market.' Jonathan Yach, CEO of commercial property management company Broll East Africa, says EAC member states are aligned in regards to trade but each country is different from the next, necessitating an understanding of each country's economic and legal framework view more
Rand under strain as strike drags on view more
Busy results day on slightly higher JSE
Rand seen range bound in data-dry session
EY Africa attractiveness survey 2014 view the EY Africa attractiveness survey 2014 report view the Africa 2014 attractiveness survey infographic
Source: FIN24
May 20, 2014--EAST Africa is increasingly emerging as an attractive investment destination partly because of the economic integration of five states, bringing together more than 130m people, vast amounts of natural resources and agricultural land.
Jonathan Yach, CEO of Broll East Africa The East African Community (EAC), a federation of Kenya, Uganda, Tanzania, Rwanda and Burundi, has eased the movement of goods and people across the region and enabled companies to expand beyond national borders.
Source: AllAfrica.com
May 20, 2014--The rand has been under pressure, tracking weaker Asian currencies while investors are
increasingly worried about the impact of the protracted platinum strike.
Source: FIN24
May 19, 2014--Local news has been on the forefront on the JSE as investors are looking for new incentives to take the market forward.
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Source: FIN24
May 19, 2014--The rand has got off to lacklustre start,
with traders expecting range bound trading for most of the day in the absence of market-moving data.
Source: FIN24
May 16, 2014--In 2013, Africa's share of global FDI projects reached 5.7%, its highest level in a decade. The number of new FDI projects in sub-Saharan Africa (SSA) increased by 4.7%, although the total number of new FDI projects declined by 3.1%, due to the political uncertainty in North Africa.
However, the average size of FDI projects increased to US$70.1m in 2013, from US$60.1m in 2012. In terms of destinations, while South Africa maintained its position as the top FDI destination, emerging hotspots for investment are Kenya, Ghana, Mozambique, Uganda, Tanzania and Zambia.
Source: Ernst & Young
