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Tag: JOHANNESBURG STOCK EXCHANGE

Business / Companies

Surge in Demand for Actively Managed ETFs in South Africa

April 1, 2025April 1, 2025 - by Liam Nguyen - Leave a Comment

The actively managed ETF market in South Africa is experiencing significant growth as investors seek offshore opportunities. With 28 funds listed since 2022 and predictions of more to come, the …

Surge in Demand for Actively Managed ETFs in South Africa Read More
Business / Companies / economics

South African Rand Strengthens as Gold Prices Achieve Historic High

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

The South African rand appreciated by 0.4% to 18.0175 against the dollar, bolstered by gold prices hitting a record high of $3,018.66. Analysts anticipate that this increase may incentivize local …

South African Rand Strengthens as Gold Prices Achieve Historic High Read More
Companies

Canal+ and MultiChoice Merger Brings New Opportunities for Tanzanian Producers

March 18, 2025March 18, 2025 - by Carmen Mendez - Leave a Comment

The Canal+ acquisition of MultiChoice is poised to elevate investment in Tanzania and expand local content distribution to Francophone countries. The merger, currently under regulatory review, has sparked optimism among …

Canal+ and MultiChoice Merger Brings New Opportunities for Tanzanian Producers Read More
Business

Global Investors Keep An Eye on South Africa Amid Economic Developments

March 17, 2025March 17, 2025 - by Marcus Chen - Leave a Comment

South Africa is gaining attention from global investors due to rising foreign investments, positive telecommunications results, and strong gold prices. The rand has strengthened, benefitting the Johannesburg Stock Exchange. However, …

Global Investors Keep An Eye on South Africa Amid Economic Developments Read More
Business / Companies / economics

South African Rand Strengthens Amid U.S. Recession Concerns and Budget Anticipation

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

The South African rand improved slightly against a weakened U.S. dollar as investors prepared for important U.S. inflation data and the local budget presentation. The rand traded at 18.30 per …

South African Rand Strengthens Amid U.S. Recession Concerns and Budget Anticipation Read More
Business / Companies / economics

Rand Depreciates Following Trump’s Funding Cut Announcement

March 7, 2025March 7, 2025 - by Sofia Nawab - Leave a Comment

The South African rand fell after President Trump announced a cut to federal funding and expressed support for displaced farmers. Concurrently, the U.S. dollar weakened due to underwhelming job growth …

Rand Depreciates Following Trump’s Funding Cut Announcement Read More
Business / Companies / economics

South African Rand Weakens Ahead of GDP Data and U.S. Tariffs

March 4, 2025March 4, 2025 - by Liam Nguyen - Leave a Comment

The South African rand weakened against the U.S. dollar ahead of GDP figures, trading at 18.64. Investors are concerned about U.S. tariffs announced by President Trump and their potential economic …

South African Rand Weakens Ahead of GDP Data and U.S. Tariffs Read More
Business / Companies / economics

South African Rand Strengthens Ahead of Manufacturing PMI Survey

March 3, 2025March 3, 2025 - by Marcus Chen - Leave a Comment

The South African rand fluctuated positively against the U.S. dollar on March 3, trading at 18.66, ahead of the manufacturing PMI data due at 09:00 GMT. The U.S. dollar held …

South African Rand Strengthens Ahead of Manufacturing PMI Survey Read More
Business / Companies / Politics

Cabinet Approves Oando Trading as Preferred Bidder for Pointe a Pierre Refinery

February 27, 2025February 27, 2025 - by Liam Nguyen - Leave a Comment

Cabinet has endorsed Oando Trading as the preferred bidder to revitalize the Pointe a Pierre refinery following a recommendation from the Evaluation Committee. Acting Prime Minister Stuart Young urged TPHL …

Cabinet Approves Oando Trading as Preferred Bidder for Pointe a Pierre Refinery Read More
Business / Companies

Diaspora Kapita To Launch on Zimbabwe’s VFEX, Targeting Diaspora Investments

December 4, 2024December 4, 2024 - by Sofia Nawab - Leave a Comment

Diaspora Kapita, founded by Zimbabweans abroad, plans to list on the VFEX to enable diaspora investments in Zimbabwe’s real estate market. The initiative involves issuing bonds repayable through property purchases, …

Diaspora Kapita To Launch on Zimbabwe’s VFEX, Targeting Diaspora Investments Read More
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