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The key lending rate has remained unchanged since March after the monetary policy committee raised it by 200 basis points.
The rand advanced to its strongest in almost six weeks, leading global gains against the dollar.
The currency has swung to being the emerging world’s worst performer this month, from best in the third quarter, after the move to prosecute Gordhan.
Markets have judged Hillary Clinton to have won the first of three US presidential debates against rival Donald Trump.
The rand has strengthened 15% against the dollar this year after losing over 25% of its value in 2015.
The President made the payment ordered by the Concourt for taxpayers’ money spent to upgrade his private home the national treasury said.
Local asset managers have expressed support for Futuregrowth, suggesting they won’t lend money to parastatals.
The state-owned arms maker said it will fight efforts to block a deal to market its products in Asia with a company that has been tied to the Guptas.
The finance minister was told he would receive a ‘warning statement’ given to accused persons before they are charged with an offence.
Everyone, from stock analysts to economists and the central bank, has been left reassessing two months of data on the country’s investment flows.
Britain’s decision to leave the European Union has had widespread ramifications for the world’s financial markets.
The South African Consumer Price Index has risen to 7%, its highest level since the recession.
Not since Nelson Mandela walked out of Victor Verster prison 26 years ago have investors been gloomier about South Africa’s economy.
South Africa’s repo rate has been raised by 50 basis points in an effort to counter the rand’s slump.
Local companies have raised a record amount of capital, boosted by mergers, acquisitions and rights offers.
South African companies are betting against an improvement in their home market.
Investors have been putting their money into cash-like securities to avoid losses.
Soweto residents owe Eskom R3.6bn in unpaid power bills they don’t ever intend to pay, compared to R2.6bn owed by the rest of the country.
The ruling Botswana Democratic Party secured 33 of 57 seats in Parliament, giving Khama another five-year term as president.
The healthcare company has posted a loss in the wake of a failed stock offer.
