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/ 29 November 2002

Rand firmer on weekend carry trade

The rand opened firmer on Friday after the South African Reserve Bank (SARB) said on Thursday that it would not lower interest rates and that the rand was still under-valued at R9,25 per dollar. The most recent calculation of the rand’s purchasing power parity rate is R5,84 rand per dollar, while in the first quarter […]

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/ 29 November 2002

Returning to their roots

The Ndzundza Ndebele of Kaffers-kraal, near Stoffberg in Mpumalanga, recently celebrated the return of the first parcel of land they can rightfully call home. Now other Ndebele scattered are waiting for the rest of the farm and 17 others in the area.