The rand is bleeding – but it may not hurt South Africans as much as usual

2019-08-06 14:44

Oil prices are falling at the same time, which should provide some shelter to motorists.

This company lost R27 million by betting against the rand – and the ANC's elective conference

2018-05-14 12:52

Industrial group eNX thought hedged ahead of "certain political events" in December. It ended up costing 20% of its net profit.

Rand continues 2018 rally, as Kganyago sounds note of caution

2018-01-18 20:01

The local currency has strengthened to R12.10 to the US dollar, an exchange rate last seen in June 2015.

Rand 20th most traded currency in the world

2017-03-13 19:55

The rand ranks 20th as the most traded currency in the world. This is a drop by two places since 2013.

Competition Commission names 'currency colluders'

2017-02-17 13:41

The affidavit filed by the Competition Commission regarding currency price fixing by banks names the alleged rogue traders implicated.

Rand hovers 9% below 15-year average - Sarb

2016-12-09 13:41

The rand’s recovery in the third quarter is still below the 15-year average, according to the research by the Reserve Bank.

SA has potential for export-led growth - expert

2016-04-14 07:14

Improving SA's competitiveness in the international trade arena by using our weaker currency as an advantage, is a good first step, says Dumile Sibindana.

Swiss watchdog probes forex manipulation

2014-03-31 14:03

Switzerland has opened an investigation into several Swiss, British and US banks over potential collusion to manipulate foreign exchange rates.


More South Africans exploring moving money offshore - tax expert

2019-08-04 08:40

An increasing number of South Africans have started to research their options on how to move money offshore, says a tax expert.

The rand is rallying this morning, and one expert thinks it can go to R11/$

2018-05-10 09:40

The rand is doing much better than its emerging market peers.

Zuma's reshuffle, higher CPI knock rand

2017-10-18 18:04

The rand lost over 1% of its value against the dollar as international investors reacted to the news of President Jacob Zuma’s surprise Cabinet changes and as inflation accelerated to 5.5%.

In the markets: What to watch this week

2017-03-13 07:27

On Tuesday we will see the release of the latest SA mining and manufacturing data. The next day, all eyes will be on business confidence and retail sales figures.

Bitcoin nears all-time high as it becomes 'safe haven' asset

2017-01-06 08:14

Bitcoin neared its all-time high on Thursday, with the surging digital currency tipped to become a new safe haven asset as the world grapples with growing economic uncertainty.

Scrap our R100 and R200 banknotes

2016-11-06 06:02

By eliminating larger denominations, the central bank can combat illicit financial flows, writes Mike Kush.

Evenett: Devaluing FX – most ‘unimaginative’ policy needed to boost exports

2015-08-13 15:29

Currency devaluation is a crude measure and the reason behind China's devaluation is to weaken the link between the yuan and the US dollar, says an analyst.

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.