Industry leaders remain profitable in South Africa

Africa’s fifth largest nation by population, South Africa is the continent’s third biggest economy by gross domestic product. But weak commodity prices have slowed its economic growth and the controversial leadership of former president Jacob Zuma has zapped business confidence. The country’s new president, Cyril… Read More

Pat: Could I please get your recommendations on investments in Africa? I am looking at two ETFs: iShares MSCI South Africa ETF and the more broadly based Market Vectors Africa Index ETF. Thanks.

Market Vectors Africa Index ETF, $32.10, symbol AFK on New York (Units outstanding: 4.0 million; Market cap: $128.4 million;, aims to match the performance of the Market Vectors GDP Africa Index.

This index tracks the performance of the largest and most liquid companies in Africa… Read More