In anticipation of the US Federal Reserve bank hiking its benchmark Fed Funds interest rate, the first rate hike in the US in almost a decade, the South African Reserve Bank took proactive action by hiking the interest rate by 25 basis points at the last Monetary Policy Committee meeting. This was an attempt to lessen the residue effect that the hike would have on the South … [Read more...] about How the US Fed hike could impact South African markets
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Zuma’s about-turn shows power of the South African media, and the markets | The Conversation
Pravin Gordhan is considered an independent mind. His return as South Africa's finance minister will boost investor confidence. EPA/Dai KurokawaSouth Africa has had three finance ministers in the space of four days. First President Jacob Zuma replaced the trusted and competent Nhlanhla Nene with David van Rooyen, a malleable backbencher with a poor service delivery … [Read more...] about Zuma’s about-turn shows power of the South African media, and the markets | The Conversation
Why Africa should turn to capital markets to fund its infrastructure deficit | The Conversation
Viana, near Luanda, Angola. China has played a major role in funding infrastructure projects in Africa but the deficit remains huge. Reuters/Siphiwe SibekoImproving infrastructure is not only critical for economic growth in Africa but essential for ensuring the improved wellbeing of its people. This is backed by empirical research, which shows a strong link between … [Read more...] about Why Africa should turn to capital markets to fund its infrastructure deficit | The Conversation
DIARY- Emerging Markets Economic Events to May 14
Reserve bank of South Africa Governor Lesetja Kganyago gives a keynote address at the SWIFT African Regional Conference – 0710 GMT. RIYADH – Euromoney Saudi Arabia Conference . Read the full article by here: Johannesburg, South Africa News Submit and get free press releases here: MyPR Free Press Release. Click HERE to submit your Johannesburg news. MyJHB Read … [Read more...] about DIARY- Emerging Markets Economic Events to May 14
