Business

Three African currencies to trade on SA exchange

The Johannesburg Stock Exchange, the largest and most liquid on the continent, has listed three African currencies on a new foreign exchange futures platform on Friday. The JSE said this would offer investors exposure to African economies in a relatively risk-free manner.

Johannesburg Stock Exchange

NDP to address obstacles to growth: Ramaphosa

The recently released framework for implementing the National Development Plan will help tackle domestic obstacles to growth in South Africa, drive growth in productive sectors of the economy, and cut down on red tape hampering investment, says Deputy President Cyril Ramaphosa.


SA to regulate, monitor shale gas exploration

The government is working on a set of regulations that will ensure that shale gas exploration does not threaten South Africa's environment or compromise research projects linked to the Square Kilometre Array, says Mineral Resources director-general Thibedi Ramontja.


SA economy grows at 0.6% in second quarter

South Africa's economy grew at 0.6% in the second quarter, following a -0.6% contraction in gross domestic product (GDP) growth in the first quarter, thus avoiding entering a technical recession.

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Market report

15-10-2014 Global economic fears see JSE tumble

The JSE's rally was short-lived with Wednesday seeing the All Share Index plummet 2.13% by the close of trade after renewed fears sparked by China over the global economic health rippled through the market. Chinese authorities announced that inflation dropped to 1.6%, the lowest since the beginning of 2010.

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