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PowerFleet Secures COVID-19 Healthcare Supplies Across Africa
Friday, August 14, 2020 - 1:54pm | 580Read More...Vehicle tracking company PowerFleet has partnered with the French Red Cross, a major player in the French humanitarian response plan, to provide it with a plug and play traceability solution that would be used to protect shipment of healthcare equipment and supplies during the COVID-19 pandemic. ...
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Credit Woes Come Calling For The South Africa ETF
Monday, November 25, 2019 - 8:20am | 518Read More...In a year in which precious metals prices are pushing higher, it would be reasonable to expect that equities in South Africa, a major producer of those commodities, would be following suit. For the most part, that hasn't been the case as the iShares MSCI South Africa ETF (NYSE: EZA) is higher...
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Strawberry Farm In South Africa Obtains First License For Commercial Cannabis
Monday, October 14, 2019 - 12:43pm | 273Read More...Polkadraai Farm in Stellenbosch has become the first commercial cannabis farm in South Africa, according to The South African. The farm once known for its strawberries has now gained attention for being the first in the country to gain a license to grow up to 20 tonnes of weed. Some 13 months...
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Today's Pickup: South Africa Violence Highlights Deadly Campaign Against Foreign Truckers
Wednesday, September 4, 2019 - 12:40pm | 756Read More...Good day, South African President Cyril Ramaphosa vowed to crack down on violence targeting foreign nationals, particularly truck drivers, after a wave of violence in recent days. Ramaphosa said on Sept. 3 he would address the xenophobic attacks after five people were killed. But the campaign...
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Forex Trading In South Africa: Through The Looking Glass
Wednesday, August 7, 2019 - 9:37am | 1096Read More...The South African economy certainly has its fair share of challenges. Volatility is an innate characteristic of the South African Rand (ZAR), helping to drive wild price fluctuations in cross-currency exchange rates. While the country boasts significant natural resources in the form of coal, gold,...
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Discussing MPX International's South Africa Joint Venture With CEO Scott Boyes
Tuesday, June 25, 2019 - 8:01am | 547Read More...By Javier Hasse and Eric TerBush. MPX International Corp (OTC: MPXOF) recently announced entrance into an agreement with South African producer First Growth Holdings Ltd. that will lead to the acquisition of a 51% interest in the company. Interested in the acquisition and the African market,...
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Goodleaf Opens First CBD Store In South Africa
Thursday, June 6, 2019 - 11:12am | 335Read More...South Africa's first dedicated CBD store is opening courtesy of AIM3 Ventures Inc. and its transaction target Southern Sun Pharma. The retail and distribution venture will be branded under the company's Goodleaf brand, AIM3 Ventures announced Wednesday. The company also...
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South Africa Relaxes CBD Regulations: 'A Landmark Piece Of Legislation'
Tuesday, May 28, 2019 - 3:52pm | 411Read More...Africa became more cannabis-friendly last week after the South African government passed legislation that partially legalizes CBD and CBD products. What Happened Under changes enacted by the South African government, CBD was removed from the Schedule 7 list of the Medicines Act. Schedule 7 includes...
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How The African Cannabis Market Could Reach $7.1B By 2023
Tuesday, March 26, 2019 - 12:20pm | 840Read More...In the global cannabis landscape, Africa is an overlooked market. This is due to a number of factors, such as the illegality of the plant across the continent and the poor economic conditions that many African countries face. Africa has the potential to become an enormous cannabis market due to the...
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A Precarious State For The South Africa ETF
Wednesday, March 6, 2019 - 3:30pm | 487Read More...The iShares MSCI South Africa ETF (NYSE: EZA), the largest exchange traded fund dedicated to stocks in Africa's largest economy, is up about 6 percent this year. On the surface, that sounds pretty good, but upon further examination, EZA looks weak and vulnerable to some downside. What Happened...
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Don't Expect Much From The South Africa ETF
Thursday, September 27, 2018 - 7:50am | 485Read More...The iShares MSCI South Africa ETF (NYSE: EZA) is up 3.28 percent over the past week, reducing its year-to-date loss to just over 22 percent. That's more than double the 2018 loss of the MSCI Emerging Markets Index and enough to make EZA one of the worst-performing single-country exchange-traded...
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The Low Volatility Way To Play Emerging Markets
Friday, March 9, 2018 - 2:43pm | 519Read More...Ex-U.S. equity exchange-traded funds have been popular destinations for investors for over a year, but some investors like the idea of skirting volatility in international markets. This is particularly true with emerging markets stocks. The iShares Edge MSCI Min Vol Emerging Markets ETF (CBOE:EEMV...
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Keep The Emerging Markets, Lose China With This ETF
Friday, July 21, 2017 - 8:22am | 478Read More...Seasoned emerging market investors know that even supposedly diversified emerging markets exchange-traded funds are heavily allocated to Chinese stocks. Those allocations stand to increase following MSCI's June announcement that China A-shares, the stocks trading in Shanghai and Shenzhen, will...
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The Challenges Of Conducting Business In Africa: 'We Are Facing Global Competition For Talent'
Sunday, March 5, 2017 - 1:51pm | 1504Read More...Conducting business in Africa is usually not a simple endeavor. And, while it is true that each country and each region’s economy is very different from the next, a few things can be said about the continent as a whole and the challenges of conducting business there. Wondering what these...
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Why Most African Companies Are Not Listed On The NYSE Or Nasdaq: It's All About Valuations
Monday, February 27, 2017 - 9:27am | 1410Read More...Africa is a very diverse continent, and so are its countries’ economies. However, they have one thing in common: growth is still ahead of them. Another interesting thing to notice is that companies there serve millions of customers, largely due to the fact that penetration of U.S.-based...
