21 Feb 2018 07:00 | Bloomberg |
South Africa's rand debt has earned investors a total return of 11.4 percent in dollars in 2018, according to Bloomberg indexes.
more19 Feb 2018 11:15 | Eyewitness News |
JOHANNESBURG - South Africa's rand weakened along with other emerging currencies on Monday as the dollar regained ground it lost last week and investors awaited details of new President Cyril Ramaphosa's plans to revive the economy.
moreJOHANNESBURG, Feb 12 (Reuters) - South Africa's rand briefly traded one percent firmer on Monday after local media reported that President Jacob Zuma had agreed to step down, before surrendering those gains after the presidential spokesman dismissed ...
more12 Feb 2018 07:22 | Pound Sterling Live |
South African politics is likely to be the main driver of GBP/ZAR with an appreciation of the Rand likely if president Zuma is ousted from power.
moreThe president of South Africa faces a vote of no confidence on the 22 nd of February led by opposition party, the Economic Freedom Fighters.
moreOn Thursday leaked comments from ruling African National Congress's Paul Mashatile revealed the party had been preparing to fire Zuma at the weekend, but a negotiated exit was now more likely as the incumbent dug in.
moreJOHANNESBURG, Feb 5 (Reuters) - South Africa's rand firmed slightly on Monday after the governing African National Congress (ANC) party met President Jacob Zuma late on Sunday amid growing pressure for the leader to step down as head of state.
more24 Jan 2018 02:43 | Bloomberg |
South Africa's rand traded below 12 per dollar on Wednesday for the first time since May 2015, extending a rally sparked by an improving domestic political environment and supported by global risk-on sentiment and the greenback's retreat.
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