currency

 
Zimbabwe ends foreign currency use as inflation spirals
Zimbabwe ends foreign currency use as inflation spirals
Zimbabwe announced on Monday that it would abandon the use of foreign currencies which replaced the local dollar that was swiped out by hyperinflation ten years ago....
Editorial: New dollar may be too late for Zim
Editorial: New dollar may be too late for Zim
Since abandoning the gold standard, most modern currencies are based on trust.
At 20, the euro is a currency giant on fragile footing
At 20, the euro is a currency giant on fragile footing
The euro turns 20 on Tuesday, marking two tumultuous decades that saw the single currency survive a make-or-break crisis and become a fixture in...
​South Africans get first dibs on SAFCOIN, an exclusive African cryptocurrency
​South Africans get first dibs on SAFCOIN, an exclusive African cryptocurrency
FHM (Pty) Ltd has launched the Initial Coin Offering (ICO) for SAFCOIN, an exclusive...
There's more to a stronger rand than government will admit
There's more to a stronger rand than government will admit
This week, the government tweeted rather proudly that the rand had strengthened to R12.80 to the dollar, intimating that the positive move was a...
Caution, but also hope from financial industry after municipal elections
Caution, but also hope from financial industry after municipal elections
The dust has far from settled after the local government elections, as the serious business of solidifying leadership structures for municipalities...
Zimbabwean army guards SA currency on plane as investigations continue
Zimbabwean army guards SA currency on plane as investigations continue
The Reserve Bank cargo plane that was detained in Zimbabwe this week when a body was discovered on board is under heavy military guard with...
Massive foreign sell-off jolts SA
Massive foreign sell-off jolts SA
Foreign investors pulled R12.8-billion out of the country in just one week this year. This was foreign capital invested in JSE-listed equities and...
Caught between a ¥ and a hard $
Caught between a ¥ and a hard $
"Cross the river by feeling the stones" was the metaphor famously delivered by statesman and revolutionary Deng Xiaoping in describing how China...
Africa's throwing away dollars it can't afford in currency rout
Africa's throwing away dollars it can't afford in currency rout
With foreign-exchange reserves equal to less than a 10th of the emerging-market average, nations from Ghana to Zambia are finding they’re...
Platinum rides on the weak rand
Platinum rides on the weak rand
Increases in the rand platinum price mean producers are enjoying a slight upward run despite ongoing labour unrest dogging the sector.
Rand sunk by 'perfect storm'
Rand sunk by 'perfect storm'
The rand continued to yo-yo this week, after its dramatic plummet against the United States dollar last Friday, with analysts arguing that the...

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