Regional

6 days ago | July 16, 2019

Rand boosted by rise in risk-on sentiment

JOHANNESBURG - South Africa’s rand inched up against the dollar on Monday after encouraging economic data from China ...

1 week ago | July 12, 2019

South Africa’s Eskom new funding bill expected July 23

CAPE TOWN – South African Finance Minister Tito Mboweni aims to table a bill in parliament on July 23 to give ...

2 weeks ago | July 11, 2019

Rand stronger with Fed seen cutting rates

JOHANNESBURG – South Africa’s rand strengthened on Thursday after the chairman of the Federal Reserve set the ...

2 weeks ago | July 9, 2019

Rand edges higher as traders eye Fed

JOHANNESBURG – South Africa’s rand edged higher early on Tuesday in cautious trade as investors waited for clues ...

2 weeks ago | July 8, 2019

Rand weaker as Fed cut bets fade

JOHANNESBURG – South Africa’s rand weakened early on Monday against a soaring dollar as investors factored in ...

2 weeks ago | July 5, 2019

Naspers names black woman CEO

A little more than 100 years ago, Naspers was created by white South Africans to produce a Dutch-language newspaper. Now ...

3 weeks ago | June 28, 2019

Airtel Africa drops 15% in early trade after London debut

LONDON – Airtel Africa shares fell as much as 15% on Friday after its London stock market debut, hitting a low of ...

4 weeks ago | June 27, 2019

Rand slips in profit-taking ahead of G20 summit

JOHANNESBURG - South Africa’s rand retreated early on Thursday, pausing after a two-day advance as investors took ...

4 weeks ago | June 26, 2019

Rand gains as risk demand slows

JOHANNESBURG - South Africa’s rand clung to recent gains early on Wednesday as global risk appetite retreated after the ...

4 weeks ago | June 25, 2019

Rand firmer as dollar falls on rate cut bets

JOHANNESBURG – South Africa’s rand firmed early on Tuesday, boosted by a dollar slide to multi-month lows against ...

4 weeks ago | June 24, 2019

Rand stretches gains as Fed, ECB turn dovish

JOHANNESBURG – South Africa’s rand firmed early on Monday, adding to the previous session’s gains as sentiment ...

1 month ago | June 21, 2019

South Africa’s Reserve Bank expected to cut rates soon

JOHANNESBURG – South Africa’s Reserve Bank will probably cut interest rates next month or in September to boost ...

1 month ago | June 19, 2019

South African consumer inflation subdued, upping rate cut chances

JOHANNESBURG – South African inflation stayed well within the central bank’s target range in May, making it more ...

1 month ago | June 18, 2019

Rand little changed in calm before Fed meeting

JOHANNESBURG – South Africa’s rand was little changed early on Tuesday, with investors looking ahead to a local ...

1 month ago | June 17, 2019

Nigeria to shut bank accounts of firms which import FX restricted goods

LAGOS – Nigeria’s central bank said on Friday it will close the bank accounts of firms caught smuggling into the ...

1 month ago | June 14, 2019

Rand steady as investors mull developments ahead of long weekend

JOHANNESBURG – South Africa’s rand held steady on Friday as investors assessed local and international political ...

1 month ago | June 12, 2019

Rand edges weaker in subdued start to trade

JOHANNESBURG – South Africa’s rand edged weaker on Wednesday in a slow start that saw subdued flows as market ...

1 month ago | June 11, 2019

South Africa’s manufacturing up 4.6% y/y in April, highest ...

JOHANNESBURG – South Africa’s manufacturing output hit its highest in two years, rising 4.6% year-on-year in April ...

2 months ago | June 4, 2019

Rand slumps after weak GDP data

JOHANNESBURG – South Africa’s rand slumped and bonds weakened on Tuesday after official data showed the economy ...

2 months ago | June 3, 2019

Rand starts week flat amid trade tumult

JOHANNESBURG – South Africa’s rand was flat on Monday, shaking off worries about intensifying Sino-U.S. tensions ...