Subrahmanyam Jaishankar cites policy differences, well as cost and efficiency, as stumbling blocks.
Emerging markets will always be susceptible to currency risk, analysts say
As motorists reel amid higher petrol prices, only two of the country’s oil refineries are operational
Market participants must stay abreast of geopolitical developments such as conflicts when making trading decisions
Payments into crypto exchanges are not protected as deposits are when paid into a regular bank
The country’s shiny new banknotes are only a cosmetic solution to Sierra Leone’s dire economic crisis, say critics
On 5 February Nigeria’s central bank banned crypto transactions, but industry analysts are confident the sector will find a workaround.
In South Africa we must learn to value different types of social capital to make the economy — and society — more inclusive
The crisis-hit country is facing another bout of sharply rising prices, with official inflation now at nearly 100 per cent
‘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’
Born on January 1 1999, the euro initially existed only as a virtual currency used in accounting and financial transactions
For the price of a take-away meal, South Africans can become crpytocurrency investors
The currency’s moves have been driven by global factors, but more ratings shifts can reverse gains.
Institutions issue warnings against government spending ahead of 2019 elections to win voters’ hearts.
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.
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.
South Africa is in the crosshairs of a weakening yuan and a strong dollar as China devalues its currency.
Africa is battling the global currency markets with one hand tied behind its back.
The mining companies are enjoying some respite from the effects of the latest strike.
Deficit has made South Africa vulnerable to investment flows, and that is where mining unrest comes into play.