Zimbabwe pension payouts delayed due to forex shortage

2019-06-14 09:05

The provider of a common payment platform used by banks to pay out pensions is demanding to be paid in foreign currency.

US stocks slip from record as dollar advances

2019-04-24 16:19

US equities edged lower along with European stocks as investors assessed corporate earnings and economic data.

The dollar looks poised to wreak some havoc

2019-04-17 14:07

There’s been a lot of talk lately about how the global currency market has become stuck in a tight range, with volatility collapsing and no clear trends emerging. Judging by the performance of the dollar, this is no time to be complacent.

Rand in for volatile week as SA awaits rates announcement, Moody's

2019-03-25 10:47

The SA Reserve Bank will announce its interest rate decision on Thursday, while Moody's is expected to make its latest credit rating announcement on Friday.

Trump says dollar too strong, swipes at Fed for raising rates

2019-03-04 06:02

President Donald Trump said Saturday that the US dollar is too strong, and took a swipe at Federal Reserve Chairperson Jerome Powell as someone who “likes raising interest rates.”

Prolonged shutdown risks fading appeal of dollar, treasuries

2019-01-24 08:58

The US government shutdown risks putting a dent in both the dollar and treasuries if it drags on. A quick resolution could do the same.

Greenback exposed to dysfunction and paralysis in Washington

2018-12-25 10:14

Mounting political risks from Washington are adding to reasons for traders to be bearish about the dollar as the market hurtles toward the end of 2018.

The rand has been the world's strongest currency against the dollar over the past three years

2018-12-14 17:13

And this is what experts predict will happen to the currency next year.

Oil prices and stock markets slide, dollar higher

2018-11-10 09:41

Global equities sank deeper into the red following dour economic news from China while a slump in oil prices deepened.

JSE closes flat as Tito Mboweni is named new finance minister

2018-10-09 19:11

President Cyril Ramaphosa announced that Tito Mboweni would replace Nhlanhla Nene as finance minister towards the close of the local bourse.


Stock markets muted despite surging US economy

2019-04-26 21:45

News that US economic growth had smashed expectations in the first quarter of 2019 failed to galvanise markets on Friday, with analysts warning of an economic divergence between the United States and the rest of the world.

US stocks advance on earnings as dollar rallies

2019-04-23 16:11

US equities climbed on the back of better-than-forecast earnings, while the dollar strengthened and Treasury yields dipped.

Zim's new currency has shed 20% since introduction

2019-04-01 08:48

Zimbabwe's local currency, the RTGS dollar, has shed more than 20% since its introduction in late February as the availability of foreign currency on the formal market remains subdued.

SA inflation closer to US is good news for rand

2019-03-04 20:23

The narrowing inflation differential between SA and the US signals long-term support for the rand and local-currency bonds, according to Standard Bank Group.

Local bourse closes flat as rand weakens

2019-02-14 18:00

The US dollar did retreat after the release of US retail sales data which came in worse than anticipated, but this did not result in significant strengthening for the rand and other emerging market currencies. The rand was trading 0.84% weaker at R14.18/$ at 17:00.

Asian markets retreat after rally, strong yen hits Tokyo

2019-01-10 08:02

Asian markets turned south Thursday as investors took a breather after rallying this week on optimism over China-US trade talks and the Federal Reserve's softer tone on interest rates.

Brexit, 'stagflation' and the US-China trade war: Your global economic outlook in 2019

2018-12-21 08:52

The world economy continues to expand but there are signs that growth has peaked, according to global investment manager Schroders.

Rand retreats after strong gains on Thursday, still at three-month high

2018-11-30 12:46

After strengthening to within touching distance of R13.60/$ on Thursday afternoon, the rand retreated slightly on Friday morning.

What is good for emerging markets is good for the rand, SA equities

2018-11-09 20:42

Emerging markets have underperformed significantly since the start of the year, despite an economic backdrop that is supportive of emerging market equities. According to to Overberg Asset Management, this seems unreasonable.

Rand holds gains as Tito Mboweni announced as finance minister

2018-10-09 16:29

In a short address President Ramaphosa said it was is a measure of Nhlanhla Nene's character that he offered to resign although he had 'not been implicated in acts of wrongdoing'.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.