JOHANNESBURG, Nov 22 (Reuters) – The following scheduled economic events, equity and currency market moves may affect South African markets on Friday. ECONOMIC EVENTS Inflation-linked bond auction Financial regulator updates on two-pot pension reform SOUTH AFRICAN MARKETS South Africa’s rand firmed on Thursday after the central bank opted for another small cut to its main interest rate,...
PRETORIA, Nov 21 (Reuters) – South Africa’s central bank opted for another small cut to its main interest rate on Thursday, stressing the global economic backdrop was tough and the outlook highly uncertain despite domestic inflation falling below its target. The decision to lower the repo rate by 25 basis points (bps) to 7.75% was unanimous, with the Monetary Policy Committee not discussing...
JOHANNESBURG, Nov 21 (Reuters) – The following scheduled economic event, company announcements, equity and currency market moves may affect South African markets on Thursday. ECONOMIC EVENT The South African Reserve Bank to announce interest rate decision COMPANIES South Africa’s Mr Price profit rises in first half on better Q2 sales South Africa’s Investec to release half-year results SOUTH AFRICAN...
Nov 21 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. EVENTS: Senegal to announce results of parliamentary elections. The ruling Pastef party is expected to secure a majority. Rwanda’s central bank is due to announce its latest repo rate decision....