South African rand jumps

South African rand jumps as gold high boosts commodity-backed currency
South Africa's rand gained on Friday due to record high gold prices that were driven by investors seeking safe haven assets amid worries over a global trade war. At 1457 GMT, the rand traded at 18.1850 against the dollar,
What will shape the South African rand in 2025? five key factors to consider
Leading currency expert Bianca Botes unpacks the crucial factors that will influence the South African rand in 2025, from global trade tensions to commodity market volatility. Essential reading for businesses and investors navigating SA's economic landscape.
South African rand weaker, focus on local budget this week
South Africa's rand was weaker on Monday as investors awaited a national budget speech later this week and markets kept an eye on U.S foreign policy developments. At 0707 GMT, the rand traded at 18.30 against the dollar ,
South African rand slips as markets focus on budget talks
South Africa's rand weakened on Thursday as the dollar recovered some ground after recent losses, a day after South Africa's national budget was tabled before lawmakers and met with resistance.
South African rand firms ahead of manufacturing PMI
South Africa’s rand firmed early on Monday, ahead of a purchasing managers’ index (PMI) survey for the domestic manufacturing sector. At 0725 GMT, the rand traded at 18.66 against the U.S. dollar, about 0.
South Africa proposes smaller VAT hike to end budget impasse
South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!
South African rand slips ahead of local data, focus on budget talks
South Africa's rand extended its losses early on Thursday before manufacturing and mining data releases, a day after the national budget was tabled before lawmakers and met with resistance. At 0710 GMT,
BusinessTech15h
South Africa bans cannabis and hemp products, and Eskom maintenance lie
Here are five other news stories making waves in South Africa today: ...
South Africa to remove luxury duty on lower value smartphones
South Africa's government has proposed to remove the luxury excise duty on smartphones worth below 2,500 rand ($136.37) from ...
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Convert South African Rand To Botswanan Pula
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South Africa plans to spend more on health and defense after US cuts aid
Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...
South Africa's Standard Bank Reports 4% Rise in Annual Profit
JOHANNESBURG (Reuters) - Africa's biggest lender by assets, Standard Bank, on Thursday reported annual profit rose by 4% and declared a final dividend of 763 cents a share. South Africa-based Standard ...
The rand weakens amid Trump’s funding freeze and controversial land claims
The South African rand weakened by more than 1% following Donald Trump's announcement to cut all federal funding to South Africa, amid escalating tensions over land reform policies. The currency ...