Ramaphosa puts in place economic measures to mitigate impact of COVID-19
President Cyril Ramaphosa has announced measures to support the economy while the country is on
JSE upbeat markets will recover once conoronavirus fears recede
The rand has weakened by 40 cents against the dollar in overnight trade after having broken through
Weakening rand attributed to looming global recession
Economist Iraj Abedian says a looming global recession due to the coronavirus pandemic has
Sharp decline in oil price presents both challenges, opportunities for SA: Analyst
Market analysts say the sharp decline in the oil price presents both challenges and opportunities
Rand strengthens to highest level in five months
The rand has strengthened to its strongest level in five months against a basket of major
Rand weakens as Eskom announces load shedding
The rand has weakened by around 1% to R15 to the dollar ahead of the opening of the Johannesburg
Rand strengthens to best level in three weeks
The rand has strengthened to its best level in three weeks against a basket of major currencies and
SA’s GDP growth welcomed with cautious optimism
Economist, Raymond Parsons, has welcomed with cautious optimism the growth of the country’s Gross
Weakness of Rand expected to negatively affect fuel prices in September
The AA says the weakness in the Rand is expected to negatively affect the fuel price for next month.
Rand steady against the dollar
The rand is trading at R14.82 to the dollar, R18.08 to pound sterling and R16.60 to the euro.
South Africa’s rand hits 7-week low as trade tensions heat up
South Africa’s rand slipped to seven-week lows against the dollar on Monday, as prospects of a sharp
Nzimande calls for an end to the ‘investment strike’
SACP General Secretary Blade Nzimande says they reject the notion that the economy has been
Rand weakens against strong dollar
The rand has weakened by around one per cent against a basket of major currencies in mid-morning
IMF predicts 1% growth for SA’s GDP
Economic growth in South Africa is expected at a more subdued pace in 2019.
Organisation calls for role of Reserve Bank to be scrutinised
An economic justice organisation has called for the role of the Reserve Bank to be scrutinised.
Rand unchanged against the US dollar
The rand is unchanged against the greenback, with investors looking ahead to Wednesday’s release of
Rand strengthens slightly after dropping to its weakest level in 8-months
The rand continues to trade at its slightly stronger level against a basket of major currencies in
Rand slightly firmer against greenback
The rand is slightly firmer against the greenback in early trade. The local currency scraped back
Rand weakest in five months
The rand has weakened by around 1% against a basket of major currencies in early trade, despite the
Rand reacts to 2019 elections results
The South African currency is telling economists that the financial markets are happy with the