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.

Latest

South Africans stuck in China are desperate to escape coronavirus ‘prison’

But the department of international relations and co-operation claims they are comfortable and taken care of 

SA’s quarantine plan for coronavirus

A small Free State dorp and 14 days of isolation — this is the plan for citizens returning from China, to prevent a potential outbreak of the disease

No legal sales in new cannabis Bill

Draft regulations do not allow for commercial cultivation or sale, but policy could change this

Press Releases

Dr Mathew Moyo’s journey to academic victory

The NWU's chief director for library and information services was appointed as a board member of the National Council for Library and Information Services.

UKZN pays tribute to Joseph Shabalala, Doctor of Music (honoris causa)

The university joins the global community in mourning the passing of legendary musician and founding member of Ladysmith Black Mambazo, Dr Bhekizizwe Joseph Shabalala.

South Africa to be almost R 14-billion wealthier when SAB Zenzele BB-BBEE scheme winds down in April 2020

It’s the biggest BB-BEE FMCG payout in South Africa’s history, with a new scheme to be launched

UKZN vice-chancellor calls for perspective and creative engagement on the way forward

In addition to overcoming the deadlock between UKZN and students, a way must be found to reconcile the university's financial obligations and students' long-term needs.

Survey shows South Africans’ approval of president but not of political parties

According to the survey, 62% of South Africans think Cyril Ramaphosa is doing his job well, while 39% say no political party represents their views.

Andrew Makenete joins Africa Agri Tech as an event ambassador

Makenete has a wealth of experience in the agricultural sector

Is your company prepared for the coronavirus?

Companies should consider the direct and indirect impacts of the pandemic when evaluating whether they are prepared for the coronavirus, says ContinuitySA.

Explaining the distribution of pension funds

Section 37C of the Pension Funds Act puts the ultimate decision-making responsibility in trustees' hands, says Fedgroup.