Author

 
Xola Potelwa

Xola Potelwa

    Like clockwork? Rand surges after fraud charges against Pravin Gordhan are dropped
    Like clockwork? Rand surges after fraud charges against Pravin Gordhan are dropped
    The rand advanced to its strongest in almost six weeks, leading global gains against the dollar on speculation South Africa may avert a debt...
    Expensive lessons for rand traders as Gordhan battle rages
    Expensive lessons for rand traders as Gordhan battle rages
    The wheels are coming off the rally in the South African rand.
    Hillary Clinton's debate 'victory' boosts rand to five-week high
    Hillary Clinton's debate 'victory' boosts rand to five-week high
    South Africa’s currency strengthened for a second day, trailing only Mexico’s peso in global currency gains against the dollar, as markets...
    Reserve Bank leaves benchmark rate unchanged at 7%
    Reserve Bank leaves benchmark rate unchanged at 7%
    The South African Reserve Bank (SARB) left interest rates unchanged for a third consecutive meeting as it cut its inflation forecast...
    Denmark's Jyske Bank joins Futuregrowth in 'pulling plug' on Eskom
    Denmark's Jyske Bank joins Futuregrowth in 'pulling plug' on Eskom
    Denmark’s Jyske Bank became the second money manager to say it won’t lend to Eskom after the nation’s biggest specialist fixed-income manager...
    Denel to 'vigorously oppose' treasury's bid to block deal with Gupta-linked company
    Denel to 'vigorously oppose' treasury's bid to block deal with Gupta-linked company
    Denel, the South African state-owned arms maker, said it will fight national treasury’s efforts to block a deal to market its products in Asia...
    Rand plunges to three-week low after report that Pravin Gordhan was summoned by Hawks
    Rand plunges to three-week low after report that Pravin Gordhan was summoned by Hawks
    The rand fell to its weakest level against the dollar in three weeks after the Daily Maverick said The Hawks had ordered Finance...
    Unprecedented JSE error means current account is under greater pressure
    Unprecedented JSE error means current account is under greater pressure
    An unprecedented error by South Africa’s stock exchange had everyone from stock analysts to economists and the central bank reassessing two whole...
    Brexit spells bad news for SA: Rand falls most against the dollar since 2008 as UK votes to leave EU
    Brexit spells bad news for SA: Rand falls most against the dollar since 2008 as UK votes to leave EU
    South Africa’s rand lived up to its reputation as a proxy for risk sentiment, plunging by the most since 2008 against the dollar and falling to a...
    Tipping point looms for SA as economy’s despair grows
    Tipping point looms for SA as economy’s despair grows
    Money is pouring out at a record pace as inflows dwindle. The rand has plunged and unemployment is the highest among almost 40 developing nations...
    Soweto's unpaid bills add to Eskom's financial woes
    Soweto's unpaid bills add to Eskom's financial woes
    Zodwa Madiba has not paid an electricity bill in 14 years and is resolute she never will, holding the ANC to the vague promises it made in the...
    Botswana: President Ian Khama's BDP wins election
    Botswana: President Ian Khama's BDP wins election
    Botswana's ruling Botswana Democratic Party (BDP) has secured 33 of 57 Parliament seats in national elections, initial results showed, putting...