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    Apr, 27
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Currency News

The rand recently hit a four-year high to the pound

28 Feb 2018 08:48The South African
Back then, the Rand was trading at its worst ever level against the pound - a whopping R25.21. Yep, eye watering. But much has changed since then and as Businesstech reports this week, the currency is now sitting at a four-year high against the pound ... more

Deal wizard of South African gold mining is scaring investors

25 Feb 2018 00:11Fin24
Investors might be running out of patience with Sibanye Gold Ltd.'s colorful chief executive, Neal Froneman. The South African miner's stock plunged by a record 16% on Thursday after the company warned it may consider selling assets, metals streams and ... more

How this weekend could decide the path of the South African rand

15 Dec 2017 13:03MarketWatch
South Africa's ruling party, the African National Congress, is due to pick new leadership this weekend, a choice that could determine the path of South African assets, including the rand. The country has been struggling with an ailing economy, strained ... more

UPDATE 1-S.African rand gains on hopes Ramaphosa will win ANC race

04 Dec 2017 11:03Reuters
“The good news coming through that Cyril Ramaphosa is getting a lot more support is possibly giving the rand a bit of an injection. more

Pound vs. South African Rand's Rally Higher Stalls, All Eyes on ANC's Ramaphosa

04 Dec 2017 04:41Pound Sterling Live
Reports that the ANC economic transformation subcommittee will recommend the nationalisation of the South African Reserve Bank (SARB) when they publish their proposals today (Monday) could impact negatively on the Rand. On the hard data front, GDP ... more

South African rand flat in early trade

09 Nov 2017 01:07Kitco News
JOHANNESBURG, Nov 9 (Reuters) - South Africa's rand was little changed early on Thursday, after a weaker dollar gave it a boost in the previous session. more

Netflix in South Africa will soon charge users in rand

18 Oct 2017 12:03MyBroadband
Netflix has announced its intention to focus on the South African market, and charge for local subscriptions in rand. The head of Netflix's corporate communications for EMEA, Yann Lafargue, said they feel the time is right to be more proactive in South ... more

The Rand rollercoaster picks up speed

18 Oct 2017 04:00The South African (blog)
The Rand experienced significant gains toward the back end of last week. The South African currency closed the week at 17.624 and 13.267 against the Pound and US Dollar respectively. more
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