South Africa shares are on their way to record levels of gold prices
The Standard Stock Index in South Africa has recorded a record level with investors who have the decision to freeze US help, amid the high price of gold elicited by President Donald Trump’s recent promises regarding customs duties. The “FTSE JSE Africa All Share” index rose 0.5% on Monday to achieve profits on the fifth consecutive day and exceeded its highlight in December, as investors focused on the economic expectations of the country, rather than the deterioration of the United States relationship. The index rose by about 7% in dollars this year, compared to the application of 3% for the “MSCI” index for emerging markets. Gold mining companies are the biggest winners of gold mines among the biggest winners, as a sub -index for nine gold producers has risen by 2.3%, and the prices of the precious metal have recorded a new peak amid the fear that Trump -dwellers will attract inflation. Also read: Trump Stop South Africa As a result of the Land Confiction Act, Trump’s decision during the weekend led to the suspension of helping South Africa to increase the confrontation between the two countries across the South African policy related to countries, relations with Iran and Russia, and the opposition of Israel. But US aid to the country is about $ 400 million annually, most of them for healthcare programs. Trump has not yet threatened to impose rates on the export of South Africa. The 3% growth rate at the same time urged South Africa’s plans to revive its economy through the stability of state -owned electricity and transport companies. In his speech on the state of the country last week, President Cyril Ramafuza said his government would target a growth rate of more than 3% to lower the 32% unemployment rate. Also read: Energy -Liberalization in South Africa releases the hand of cities in the transformation of solar energy, says Peter Takayndisa, the head of the “merger investment managers”, said that “the market will gain momentum when the reforms are advanced, while the opposite winds are also expected to announce the strongest dollar or The freezing point of the winds or the freezing point or the freezing point or the freezing point of the winds.