rand
- South Africa News
Rand manipulation dubbed coordinated regime change agenda
Alliance partners Congress of South African Trade Unions (Cosatu) and the South African Communist Party (SACP) have described the manipulation…
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Rand tumbles on claims that SA armed Russia
The rand crashed to its previous record intra-day low on Thursday. It lost more than 30 cents of its value…
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Rand weakens against US dollar
The rand is just 25 cents short of R18 to the US dollar. Analysts say there are two factors acting…
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Rand weakens against US dollar
More bad news for consumers. The rand has weakened past R16 to the US dollar again. The oil price remains…
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Rand gains against US dollar
The rand is now more than 10 cents below the R16 mark against the US dollar. The rand weakened to…
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Rand weakens against US Dollar
The rand, which managed to avoid a major blowout following riots in two of South Africa’s key provinces in July,…
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Energy Department announces hefty fuel price hike for August
The energy department has announced that fuel prices are going up in the month of August. In a statement released…
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Rand weakens against dollar
The rand enters the new week having lost significant ground against the US dollar. The local currency was trading at…
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Rand at 16 month high against the dollar
South Africa’s rand rose to a 16-month peak against the dollar on Monday after Moody’s left its sovereign ratings unchanged,…
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The good and bad news for South Africa’s rand
The good news for the rand is that commodity prices are hovering near an eight-year high. The bad news is…
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South Africa’s Rand turns 60
While many couples would celebrate valentine’s day Sunday, South Africans may have a different take on the day. The 14th…
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Rand falls after surprise rate cut
The rand fell on Wednesday after a surprise interest rate cut by the country’s central bank, while broader emerging market…
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The Coronavirus has sent Markets into panic and the Rand has collapsed
The rand crumbled in overnight trade as the world continues to be gripped by panic over the Covid-19 virus –…
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Rand tumbles as load-shedding kicks in
The rand tumbled more than 1 percent on Wednesday to its softest level in a week after Eskom said it…
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Rand ends week on stronger footing
The rand rose on Friday, lifted by the improved appetite for riskier currencies amid steady US jobs growth. At 1615…
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Rand recovers from last week’s losses
The rand rallied against the greenback during European trade on Friday according to NKC Research. The South African currency recovered…
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Rand plunges to R15.38 on recession shock
The rand fell as much as three percent on Tuesday as the economy slipped into a technical recession in the…
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Rand firmer in early trade
South Africa’s rand firmed early on Tuesday, gaining back some of the ground lost in the previous session after emerging…
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RAND FIRMER AS TECHNICAL POINT TO RECOVERY
The rand rose to its firmest in four sessions on Friday as investors took end-of-week profits following the currency’s slide…
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