Currency
latest news & developmentsIndian external affairs minister doubtful about a single Brics currency
Subrahmanyam Jaishankar cites policy differences, well as cost and efficiency, as stumbling blocks.
Egypt and Nigeria currency devaluations hurt Vodacom, MTN
Emerging markets will always be susceptible to currency risk, analysts say
South Africa will always feel fuel shocks
As motorists reel amid higher petrol prices, only two of the country’s oil refineries are operational
How do geopolitical manoeuvres shape your trading and marketing moves?
Market participants must stay abreast of geopolitical developments such as conflicts when making trading decisions
FTX is another example of the continuing failure of financial regulation
Payments into crypto exchanges are not protected as deposits are when paid into a regular bank
Sierre Leone: New money, old problems
The country’s shiny new banknotes are only a cosmetic solution to Sierra Leone’s dire economic crisis, say critics
Bitcoin: Nigeria bites back against cryptocurrency trading
On 5 February Nigeria’s central bank banned crypto transactions, but industry analysts are confident the sector will find a workaround.
Social capital — when your currency just isn’t strong enough to access the plum jobs
In South Africa we must learn to value different types of social capital to make the economy — and society — more inclusive
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.