Currency

Zimbabwe ends foreign currency use as inflation spirals

The crisis-hit country is facing another bout of sharply rising prices, with official inflation now at nearly 100 per cent

Editorial: New dollar may be too late for Zim

'In practice, bond notes have rarely traded at 1:1 with the US dollar. On the black market, the rate can be as high as 4:1'

At 20, the euro is a currency giant on fragile footing

Born on January 1 1999, the euro initially existed only as a virtual currency used in accounting and financial transactions

​South Africans get first dibs on SAFCOIN, an exclusive African cryptocurrency

For the price of a take-away meal, South Africans can become crpytocurrency investors

There’s more to a stronger rand than government will admit

The currency’s moves have been driven by global factors, but more ratings shifts can reverse gains.

Caution, but also hope from financial industry after municipal elections

Institutions issue warnings against government spending ahead of 2019 elections to win voters' hearts.

Zimbabwean army guards SA currency on plane as investigations continue

A South African Reserve Bank plane, in which a body was discovered, is under heavy military guard in Harare with millions of Rands on board.

Massive foreign sell-off jolts SA

Foreign investors pulled R12.8-billion in one week, the biggest outflow since 2008, casting a harsh light on policy direction and the trade deficit.

Caught between a ¥ and a hard $

South Africa is in the crosshairs of a weakening yuan and a strong dollar as China devalues its currency.

Africa’s throwing away dollars it can’t afford in currency rout

Africa is battling the global currency markets with one hand tied behind its back.

Platinum rides on the weak rand

The mining companies are enjoying some respite from the effects of the latest strike.

Rand sunk by ‘perfect storm’

Deficit has made South Africa vulnerable to investment flows, and that is where mining unrest comes into play.

Press Releases

Boosting safety for cargo and drivers

The use of a telematics system for fleet vehicles has proved to be an important tool in helping to drive down costs and improve efficiency, says MiX Telematics Africa.

Silencing the guns and firearms amnesty

Silencing the guns and firearms amnesty

Gender-based violence is an affront to our humanity

Gender-based violence is an affront to our humanity

UK-Africa investment summit 2020: Think Africa Invest SA

UK-Africa investment summit 2020: Think Africa Invest SA

MTN unveils TikTok bundles

Customised MTN TikTok data bundles are available to all prepaid customers on *136*2#.

Marketers need to reinvent themselves

Marketing is an exciting discipline, offering the perfect fit for individuals who are equally interested in business, human dynamics and strategic thinking. But the...

Upskill yourself to land your dream job in 2020

If you received admission to an IIE Higher Certificate qualification, once you have graduated, you can articulate to an IIE Diploma and then IIE Bachelor's degree at IIE Rosebank College.

South Africans unsure of what to expect in 2020

Almost half (49%) of South Africans, 15 years and older, agree or strongly agree that they view 2020 with optimism.