THE SMART NEWS SOURCE | Feb 10 2012 12:37 | LAST UPDATED Feb 10 2012 12:37 |
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Rand steadies after five-month highsThe rand has steadied against the dollar after hitting near five-month highs earlier, with dealers seeing it maintaining its firmer tone. SA's food exports on the riseOverseas demand for South African agricultural products grew 30% between 2008 and 2010, while agricultural imports dropped by nearly one percent. The economic week ahead: It's all Greek to meCan Greece avoid a messy default on its debt? This will be the question on everyone's minds as leaders gather to trade on Monday morning. Single homebuyers leading the marketAn increasing number of home buyers these days are single and there are some special considerations for such buyers to take into account. SA's all-share index hits record highThe all-share index has hit an all-time high as commodity firms ticked higher, tracking gains in global equities after positive China growth data. SA assets hit by outlook downgradeThe rand is expected to have a tough week after rating agency Fitch announced its downgrade of South Africa's outlook rating. November 2011 house prices 'dropped below August 2007 level'Absa's latest property price indices show the average price of a mid-segment house is almost 14% lower in November 2011 than it was in August 2007. South Africa's wool prices soarThe first South African wool sale of the new year has opened on a positive note when wool prices rose sharply. Property sales buoyed by first time buyersThe FNB Estate Agent Survey has found that a growing number of first time buyers have become a more significant source of residential demand in 2011. Rand recoups losses ahead of Lagarde's SA visitThe rand has regained strength ahead of a meeting between IMF chief Christine Lagarde and Pravin Gordhan on Friday to discuss its volatility. Rand starts 2012 on firmer footingThe rand was on much firmer footing against the dollar on the new year's second day of trading after bearing the brunt of asset sell-off in 2011. 'Redeployed' officials behind export crackdown, says customsA modernisation programme to digitise local export processes may lie behind the puzzling clampdown that has left local food exporters reeling.
Eurozone crisis hangs on ECB cash injectionPositive sentiment is being driven by a new measure by the ECB to pump liquidity into the markets, analysts say. Markets
Index to ease African investmentIt's about to get easier to buy into the booming markets of the continent, writes Kevin Davie. Euro crisis
Eurozone wrecks SA prospectsEurope, South Africa's dominant trading partner, could drag our growth down with it, writes Sharda Naidoo. Sacci survey shows improved trade conditionsTrade conditions moved into positive territory as the trade activity index, which measures trade conditions, improved by 3 points to 53 last month. The economic week ahead: Giving creditThe question likely to occupy markets this week is how well did Europe's leaders do in their latest attempts at dealing with their debt crisis. Business confidence takes a knockThe South African Chamber of Commerce and Industry says business confidence stabilised in November -- but at low levels. The economic week ahead: Europe's shadowHopes are high that European leaders may finally agree on a plan to address the continent's debt crisis at a make-or-break gathering on Friday. The economic week ahead: Debt sales and dataAs a new financial week begins, investors are dreading more bad news from Europe and further knocks to the market. TOPICS IN THIS SECTION
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