Friday, 19 April 2024

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Recent News

  • South African rand hovers near 3-yr highs after Zuma quits

    19:33 | 15/2/18
    Yahoo News
    JOHANNESBURG (Reuters) - South Africa's rand was little changed in early deals on Thursday, largely holding on to gains notched up overnight after President Jacob Zuma resigned. more»

  • Why the strong rand isn't actually best for South Africa: analyst

    22:22 | 2/2/18
    BusinessTech
    Speaking on the outlook for South African investors, Tom Elliot, international investment strategist at the deVere Group said that the rand was likely to be beholden to local politics, with speculation of an early leadership change and renewed optimism ... more»

  • South Africa's rand reaches 2 1/2-year best as technical points hit

    23:07 | 16/1/18
    Nasdaq
    JOHANNESBURG, Jan 16 (Reuters) - South Africa's rand rose to its strongest since July 2015 early on Tuesday as it crossed crucial technical points and ignited offshore buying interest. more»

  • UPDATE 1-South African rand gains on Ramaphosa win, stocks flat

    04:45 | 21/12/17
    Reuters
    Ramaphosa, who is South Africa's deputy president, was elected the new leader of the African National Congress (ANC) on Monday, succeeding President Jacob Zuma - whose presidency has been tainted with corruption allegations - as party head ... more»

  • Want to know what investors see for the rand?

    03:36 | 11/11/17
    Moneyweb.co.za
    If you want to know what investors are thinking about prospects for South Africa's rand as the ruling African National Congress' leadership battle unfolds, look no further than Cie Financiere Richemont SA's Johannesburg share price. more»

  • South Africa's rand recovering from budget shock, stocks lift

    20:15 | 30/10/17
    Reuters Africa
    JOHANNESBURG (Reuters) - South Africa's rand clawed back ground against the dollar on Monday, benefiting from a pause in the greenback's rally and a technical retracement of the previous week's plunge to 11-month lows as the shock of last week's bleak ... more»

  • The Carry Appeal can help South African Rand

    21:03 | 25/10/17
    RNews
    The South African Rand exchange rate has been flat for the most part of the 2017 but, the long-term investment landscape has the potential to drive the Rand up against the US Dollar by the end of 2017. more»

  • S.Africa's rand extends gains as high yield draws investors

    18:56 | 18/7/17
    Nasdaq
    JOHANNESBURG, July 18 (Reuters) - South Africa's rand extended gains on Tuesday, drawing demand from foreign investors attracted to the high yield and importers cashing in on the currency's run to a two-week high. more»

  • South Africa's rand firms as investors seek higher yields

    03:56 | 27/5/17
    Reuters
    JOHANNESBURG May 26 South Africa's rand rose half a percent against the dollar on Friday, a day after the Reserve Bank kept rates on hold and played down the prospects of cheaper borrowing costs, encouraging investors in search of yield to pour money ... more»

  • Tsvangirai Pushes For Rand Adoption

    00:00 | 29/4/17
    ZimEye - Zimbabwe News
    Morgan Tsvangirai's MDC has said it backs the adoption of the South African rand as the primary currency. In an interview with the Daily News yesterday, MDC shadow finance minister Tapiwa Mashakada said since 50 percent to 60 percent of Zimbabwe's ... more»
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