Rand steady in early trade

2018-02-23 10:19

The rand has been little changed, as investors wait to see whether President Cyril Ramaphosa will reshuffle his Cabinet.

Rand cheers Gigaba's 'tough but hopeful budget'

2018-02-21 16:04

The rand firmed almost 1% after Finance Minister Malusi Gigaba delivered what he called "a tough but hopeful budget".

Is the Ramaphosa party over for the rand?

2018-02-21 07:22

The rand's `Ramaphosa rally' seems in doubt amid mixed technical signs.

Rand still enjoying Ramaphosa rally

2018-02-19 12:29

The rand is still enjoying the 'Ramaphosa rally', but may encounter some near-term weakness ahead of the Budget Speech, according to market analysts.

Rand could reach R11.50/$ on #Zumexit, Ramaphosa presidency - analyst

2018-02-15 15:11

The rand has held steady at R11.66 to the dollar, following Cyril Ramaphosa's election as president of the country.

Rand strengthens by 2%, nears R11.70/$ for first time since 2015

2018-02-14 20:16

The local currency was on Wednesday evening trading at levels last seen in early 2015.

Rand races to under R11.80/$ as ANC moves on vote against Zuma

2018-02-14 12:56

The rand raced to R11.79/$ after the ANC announced that the ruling party will vote on a motion of no confidence against President Jacob Zuma on Thursday.

Recalcitrant Zuma shakes traders' conviction on rand's direction

2018-02-13 13:52

The rand is still trading as if President Jacob Zuma is as good as gone, but the options market suggests some investors are starting to lose conviction.

Rand steady on Zuma exit ultimatum

2018-02-13 06:35

The rand has held steady following news that the ANC's top 6 have given President Jacob Zuma an ultimatum to step down.

Rand firms on dollar weakness, Zuma’s imminent exit

2018-02-12 10:47

The rand has opened firmer on the back of dollar weakness and the expectation of President Jacob Zuma’s early exit, with analysts expecting the unit to test R11/$.


JSE positive, rand gains after better-than-expected #Budget2018

2018-02-23 09:38

South African stocks initially gained and the rand strengthened after investors appeared to react positively to Finance Minister Malusi Gigaba’s 2018 Budget Speech.

Rand volatile as all eyes turn to National Budget

2018-02-21 11:05

The market will care more about the numbers than how they will be achieved, but would be encouraged by - and probably even assumes - a VAT hike, says a currency trader.

Rand slightly weaker ahead of budget

2018-02-20 12:19

Market analysts say they have largely expected the rand's modest dip, caused by a correction from its highs last week coupled with relative dollar strength.

Rand flirts with R11.50/$ as markets await possible Cabinet reshuffle

2018-02-16 12:46

Rand gains on the election of a new South African president have run their course, say analysts, as markets await a possible Cabinet reshuffle this weekend.

Wall Street cheers as Zuma's resignation marks new era for rand

2018-02-15 09:44

Traders couldn’t be happier to see the end of President Jacob Zuma’s nine years in power.

Rand stable at multi-year highs after Zuma pleads innocence

2018-02-14 15:15

The president, in an interview with the SABC, has said the party's decision for him to step down was the first time he believed a collective ANC decision was incorrect.

UPDATE: Rand reverses gains on Zuma recall

2018-02-13 14:15

The rand, which firmed 0.5% after the ANC confirmed its decision to recall President Jacob Zuma, gave up the gains and more on uncertainty when Zuma will resign.

Defiant Zuma leaves SA in limbo

2018-02-13 11:24

While the ANC's national executive committee decided to 'recall' the president, Zuma reportedly refused to obey the will of the party.

ANALYSIS | Rand takes global & local volatility in its stride

2018-02-12 22:19

In a whirlwind week, the rand was really caught in the middle of a global thunderstorm. However, a volatile few days only created a range of around 20c - surprisingly low, says James Paynter.

SARB to honour Mandela's centenary with commemorative notes

2018-02-11 15:05

The Reserve Bank will launch commemorative banknotes to honour Nelson Mandela’s centenary.

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