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12 June 2009 year (time zone GMT 00:00)  Number of sources in English: 4957
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South Africa: JSE Introduces a Second Index to Measure SA's Risk

12.06.2009 15:32    allafrica.com
It is a 90-day forward-looking implied volatility index based on the dollar-rand exchange rate. For example, when daily currency market returns are volatile enough, the Savi Dollar will tend to spike upward, reflecting a sense of fear and a higher


Zimbabwe: RBZ Reviews Foreign Currency Cash Exportable

12.06.2009 15:32    allafrica.com
THE Reserve Bank of Zimbabwe has reviewed the amount of foreign currency cash exportable from US$250 000 to US$10 000 to cushion and limit the level of the country's exposure to negative effects of recession.

Ghana: Surging Fuel Prices Heightens Inflation Fears

12.06.2009 15:32    allafrica.com
Prices of food and general goods on the market are expected to see an upward adjustment anytime soon, following government's announcement of a 30% increase in fuel prices and a subsequent 17% on transport fares in the country. The increase

South Africa: Monetary Policy - Hitting the Mark - in Defence of Inflation Targeting

12.06.2009 15:32    allafrica.com
SHORTLY after taking over as f inance m inister, Pravin Gordhan issued an open invitation to the African National Congress's allies and others to discuss the concerns that they may have with inflation targeting. The market, unsurprisingly, responded negatively to


Zimbabwe: Firm Sets Up Fake Notes Detector Plant

12.06.2009 15:32    allafrica.com
INDIGENOUS company, Gainmark Investments has set up a US$2 million manufacturing plant for fake money detectors and digital electronic and mechanical platform scales in Harare.

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