While annual inflation slowed to 2.8% in October, taking it below the central bank’s 3% to 6% target range, it is “likely to look through this temporary decline,” said Elna Moolman, Standard Bank ...
The rand and South African bonds rallied on Monday after S&P Global Ratings raised its view of the nation to positive from stable — for only the second time in the president’s six-year tenure. The ...
A South African one rand coin sits on South African rand banknotes in this arranged photograph in Pretoria, South Africa, on Wednesday, Aug. 14, 2019. The rand ended a tumultuous week on a ...
This would make imported goods more expensive, and so African exporters would be likely to sell less of their produce in the large US market. Numerous commentators in South Africa - one of the ...
President Cyril Ramaphosa says the statue of AmaZulu King Shaka at the Durban International Airport, is a symbol of unity, integrity and leadership for all South Africans. The R4.5 million statue was ...
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The South African rand dropped sharply to R17.81 against the dollar on Wednesday, marking a 3% decline as Donald Trump’s upcoming return to the White House spurred global investor anxiety.