CNBC Africa17d
South African assets slump after Trump says he will cut off funding
South Africa’s rand, stocks and government bonds slumped on Monday, after U.S. President Donald Trump said he would cut off funding for the country. At 0708 GMT, the rand traded at 18.8975 against the ...
Creative Review6y
South Africa releases commemorative Mandela banknotes
South Africa’s current bank notes feature an image of Mandela on the front and one of the big five (lion, leopard, rhino, elephant and Cape buffalo) on the reverse. The commemorative notes feature a ...
CNBC Africa8d
South African rand stable after Powell’s cautious comments; US inflation in focus
South Africa’s rand was steady in early trade on Wednesday, as markets processed U.S. Federal Reserve Chair Jerome Powell’s ...
South African rand slides after eleventh-hour national budget delay
South Africa's rand weakened on Wednesday after the national budget was postponed due to disagreements within the coalition ...
Moneyweb8d
Conservative budget, steady growth could sway rating agencies
The budget speech is an 'opportune time' to highlight the progress made in the key areas Moody's, Fitch, and S&P observe, ...
Investing10d
BofA notes shifts in foreign ownership across South African sectors
Bank of America (BofA ... In terms of currency hedges, 46% of foreign ownership is in South African Rand hedges, while 37% is in domestic stocks. The report indicates a preference for banks ...