Business Rand closes the week strongly against the dollar Cape Town — The rand ended the week strongly against the US dollar, after data showed that producer prices... Read more 13 Jan, 2024
Business SARB, NT, and FCSA working to table law to prevent currency manipulation Cape Town — The South African Reserve Bank (SARB), National Treasury (NT), and the Financial Sector Court Authority (FSCA),... Read more 25 Nov, 2023
Business ANC wants banks charged for rand manipulation Cape Town — The ANC wants the banks that were involved in the rand manipulation to be implicated and... Read more 18 Nov, 2023
Business SA fines Standard Chartered for currency manipulation Johannesburg – South Africa’s competition watchdog said on Wednesday it has reached a settlement agreement with British bank Standard... Read more 15 Nov, 2023
Business SA rand strengthens Cape Town – The South African rand has strengthened in early trading on Friday due to expectations that the... Read more 2 Jun, 2023
Business Strong US dollar keeps rand subdued Cape Town – The rand on Monday remained subdued, as emerging market currencies, including the Turkish lira, tumbled due... Read more 30 May, 2023
Business Rand weakens ahead of Cabinet reshuffle Cape Town – The rand weakened on Monday, as South Africans awaited the announcement of a Cabinet reshuffle announcement... Read more 6 Mar, 2023
Business Rand strengthens as Cyril Ramaphosa is re-elected ANC president Cape Town – The South African rand gained strength on Monday after the re-election of President Cyril Ramaphosa as... Read more 20 Dec, 2022
Business Rand falls as Cyril Ramaphosa’s fate throws South Africa into crisis Johannesburg – South Africa’s rand weakened on Thursday as the country was thrown into a political crisis with President... Read more 1 Dec, 2022
Business Rand starts the week on a low note Cape Town – South Africa’s rand reportedly started the week on a low note, as it weakened, with the... Read more 12 Jul, 2022