Rand recovery punishes SA's ageing, costly gold mines

2017-08-17 17:32

A big rebound in the rand has turned SA’s biggest gold producer from churning cash a year ago to making losses and shutting mines.

Rand races to under R13.30/$

2017-08-14 13:20

The rand has strengthened more than 1.3% against the US dollar, moving below the R13.30-level against the greenback.

Rand leads world currency losses as Zuma survives ouster vote

2017-08-08 21:45

The rand tanked after President Jacob Zuma survived another motion of no confidence even after the vote was done through a secret ballot.

Rand poised to surge if Zuma loses secret no-confidence ballot

2017-08-08 07:58

The rand could surge if President Jacob Zuma is ousted by a motion of no confidence in the National Assembly, though gains would falter if Zuma survives the vote, analysts say.

SA’s moment of reckoning could make it watershed week for rand

2017-08-07 14:28

The no confidence vote against President Jacob Zuma in Parliament and the ratings review by Moody’s could make it a watershed week for the rand, analysts caution.

Rand breaches R13.30/$ on ratings jitters

2017-08-01 13:27

The rand has extended its losses, breaching the R13.30 to the US dollar level as credit rating fears resurfaced.

Rand gains as Fed knocks dollar

2017-07-27 10:37

The rand has received a welcome boost after dovish comments by US Federal Reserve chairperson Janet Yellen placed the dollar on the back foot.

Surprise rate cut is no death knell for resilient rand

2017-07-21 08:59

South Africa’s first interest rate cut in five years, and a surprise one at that, probably won’t be enough to break the rand’s resilience.

Rand breaks through psychological R13/$ level

2017-07-17 12:00

The rand has broken below the R13.00 to the dollar level as the local currency gained on a weak dollar and the suspension of the Mining Charter.

Rand strengthens to R13/$ on Mining Charter suspension, US data

2017-07-14 15:56

The rand has gained ground, following reports that Mines Minister Mosebenzi Zwane is suspending implementation of the contested Mining Charter as well as movements in the US.


BREAKING: SA Reserve Bank wins court bid against Public Protector

2017-08-15 10:11

The South African Reserve Bank has won its application to have the Public Protector's remedial action to change its constitutional mandate set aside.

Rand goes from best performer to laggard as Zuma wins vote

2017-08-09 13:25

The rand fell for a second day against the dollar after President Jacob Zuma survived a no-confidence vote that could have brought an end to his administration.

Bearish rand bets collapse ahead of no-confidence vote on Zuma

2017-08-08 14:35

Investors are the least bearish on the rand in more than a year as MPs prepare to vote on a motion to remove President Jacob Zuma.

Rand rallies on surprise secret vote call on Zuma

2017-08-07 16:09

The rand has rallied to under R13.20/$ after Speaker of the National Assembly Baleka Mbete announced that the vote of no confidence in President Jacob Zuma will be done by secret ballot.

Why SARB could cut rates again soon - economist

2017-08-01 21:00

SARB will likely cut interest rates further by at least an additional 25 basis points in the near future if inflation continues to track lower, explains an economist.

Rand spurts over R13 as dollar makes comeback

2017-07-27 18:12

The rand lost all its gains and more, after the dollar staged a comeback on the back of data that indicated US durable-goods orders climbed more than expected.

JSE closes firmer as Naspers and Vodacom continue positive momentum

2017-07-24 17:53

Industrial stocks combined with retailers pushed the JSE higher, while the rand traded at 12.95 against the dollar at the close of the local bourse.

Equities take a hit as rand strength drags down JSE

2017-07-18 18:10

The JSE traded weaker as the rand hedge stocks were mostly under pressure due to the relatively firmer rand.

Emerging-market currencies to weather rate rise storm

2017-07-17 06:46

HSBC says it is bullish on local-currency government bonds in emerging markets, including South Africa,citing an expected decline in inflation risk premiums.

Rand stages comeback

2017-07-12 15:36

The rand has staged a significant comeback after hitting R13.60/$ as pressure on emerging markets mounted.

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