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Rand's remarkable recovery: How US-China trade talks are boosting South Africa's currency
South Africa's rand is experiencing its longest winning streak this year, driven by positive developments in US-China trade talks that could significantly impact the nation's exports
MTN reports strong quarterly growth amid legal challenges
Despite facing significant legal challenges, MTN reports a remarkable 19. 8% revenue growth, showcasing resilience in a competitive market.
Rand steadies as markets shrug off Fed hold and Vatican smoke signals
After a brief dip caused by conflict between India and Pakistan, the rand recovered and resumed strengthening against the dollar.
Rand fluctuates amid escalating India-Pakistan tensions
The South African rand has weakened as tensions between India and Pakistan escalate, dropping 20c since its New York close, raising concerns among investors.
Court sentences man for money laundering and contravention of exchange control laws
Mohammed Ameen, 45, entered into a plea agreement with the State and was convicted in the Bellville Magistrate’s Court.
Court sentences man for money laundering and contravention of exchange control laws
Discover how Mohammed Ameen was convicted of money laundering and contravening exchange control regulations, leading to a significant court ruling in the Western Cape.
Man convicted of smuggling millions in cash from South Africa faces R200,000 forfeiture
A South African man attempting to smuggle over R2. 9 million and $544,200 to Dubai has been convicted of serious currency law violations, leading to a R200,000 forfeiture order from the Bellville Commercial Crimes Court.
Rand on backfoot as GNU Budget talks hit deadlock
The South African rand faces uncertainty as Budget talks reach an impasse, raising concerns over economic stability.
What will shape the South African rand in 2025? five key factors to consider
Leading currency expert Bianca Botes unpacks the crucial factors that will influence the South African rand in 2025, from global trade tensions to commodity market volatility. Essential reading for businesses and investors navigating SA's economic landscape.
SA rand makes slight gain against US dollar
Ancho Capital said that markets were weighed down by losses in technology and mining sector stocks.
Budget: Rand weakens ahead of budget speech
South Africa’s Rand weakened ahead of Finance Minister Enoch Godongwana's budget speech on Wednesday
SONA 2025: How Ramaphosa's speech could affect the rand
As South Africa awaits President Cyril Ramaphosa's State of the Nation Address, the rand remains stable against global currencies, influenced by international geopolitical events
Rand takes a knock as Trump announces funding cut to South Africa amid expropriation law
President Trump's recent remarks on South Africa's land expropriation raise concerns about the future of US-South Africa trade relations.
Trump warns of trade war if BRICS creates alternative to US Dollar
US President Donald Trump issues stark warning to BRICS nations, threatening 100 percent tariffs if they proceed with plans to create an alternative currency to the US dollar. The controversial statement comes as BRICS members discuss de-dollarisation strategies, potentially reshaping global trade dynamics.
SA markets closes in the green while rand showed little change following rate cut
Platinum miners, Anglo American Platinum, Northam Platinum and Impala Platinum advanced 5. 5%, 3. 5% and 3. 3%, respectively.
SA markets closed in the green, rand strengthens against dollar
In the US, the consumer confidence index declined more than expected in January.
Rand weakens against US dollar
South African markets closed in the red.
South African rand weakens ahead of data-filled week
At 08:57, the rand traded at 18. 50 against the dollar , about 0. 5% weaker than its previous close.
Donald Trump prohibits creation of a 'digital dollar' with executive order
President Donald Trump has issued an executive order effectively banning the establishment of a central bank digital currency.
The S in BRICS is not Spain: Trump's hilarious mix-up of BRICS nations sparks laughter as tariff threats loom
As Trump confuses Spain for South Africa in BRICS, South Africans find humour in the blunder amid tariff warnings.
The rand may continue to be weak in 2025 but this could not be such a bad thing for investors
According to Andrew Bahlmann, an advisor at Deal Leaders International, the rand will remain weak against the dollar if government interference continues in 2025.
South African rand steady against dollar
At 17:12, the rand traded at 18. 90 against the dollar , not far from its previous close.
Bond selloff eases in Asia, stocks fall with eyes on UK gilts, US policy
All eyes are now turning to UK bonds, which have been at the centre of the selloff, with growing concern about Britain's economic and fiscal health, despite no obvious trigger for this week's 20-bps surge in 10-year gilt yields.
Self-taught Limpopo inventor has created a money counting machine that can be used for 40 different currencies
A man from Limpopo is flying the South African flag high as he has invented an impressive machine that has displayed the country's talent.
Rand tumbles to 2-week low as investors brace for Fed interest rate decision
The Fed is expected to announce another 25 basis points reduction in the fed funds rate tomorrow and provide new economic and policy forecasts.