Zimbabweans’ survival strategies
Even the better off have had to find ways to manage in the shattered economy
Exchange Rates
There’s never been a better time to invest in Africa
Investing in our continent enables much-needed growth and economic development, and can offer strong returns
Mboweni will have his work cut out
The market likes the new finance minister, but will his tweets come back to haunt him?
Rand steady on Zuma exit standoff
The rand had rallied on Monday afternoon following speculation Zuma had finally caved under pressure and decided to resign.
Markets calm over Ramaphosa win— for now
News that Cyril Ramaphosa had been elected ANC president pleased the markets at first, with the rand dollar exchange rate improving
Economic tides hurt small traders
Macroeconomic events go right down the line to those struggling to make a living on the streets.
Why has the rand weakened so much?
This week we heard reports that the rand had breached the psychological level of R12.50 to the dollar and R19.22 to the pound. What does it all mean?
Reprieve for rand and consumers
Inflation is down and the currency has revived against the dollar, but a petrol price hike looms.
Politics, not economics, is at play
Joseph Stiglitz has called on South Africa to take a bold new approach to policy.
Ghana moves interest rate meeting forward
Ghana’s central bank will meet two weeks earlier than planned, to decide how to respond to a weaker currency and inflationary pressures.
Anglo American Platinum returns to profit
Increased sales and a weak rand saw the world’s biggest platinum producer return to profit last year, it announced on Wednesday.
Mining strikes put rand under pressure, bonds also weak
South Africa’s rand has touched fresh two-week lows against the dollar and could lose further ground.
Rand takes a dive after Zuma pep talk
President Jacob Zuma on Thursday tried to reassure investors that South Africa remained a safe destination, despite tensions in the mining sector.
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Third of SA companies plan job cuts, says survey
Just over a third of South Africa’s top 120 companies are likely to retrench staff in the next six months, it was reported on Friday.
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A good compromise for the rand
It is "not bad" if the rand stays around current levels rather than heading to R8 to the dollar, says a senior derivatives dealer.
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Tough times ahead for economy, but not all bad news
The Bureau for Economic Research says in its third-quarter 2008 prospects report that South Africa’s economy faces a tough road ahead.
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Zimbabwe’s currency crashes, prices rocket
Zimbabwe’s currency plunged to a new record low on Thursday, trading at an average one billion to the US dollar on a recently introduced interbank market.
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Rethink on rates
The core recommendation of the report is that the larger industrial countries move towards a system of "flexible exchange rate bands".