JOHANNESBURG - South Africa’s trade surplus soared to 13.02 billion rand ($1.06 billion) in November, its highest in a one-and-a-half years as exports of mineral and chemical products…
by Staff WriterCape Town - Fuel prices are set for a hefty drop after the rand's strong performance against the US dollar.
by Staff WriterAs ANC leader, Ramaphosa, a 65-year-old union leader who became businessman, is likely to become the country’s next president after elections in 2019.
by Staff WriterJOHANNESBURG - South Africa’s rand steadied early on Monday, giving up earlier gains as the ruling African National Congress voted to elect a new leader to succeed President…
by Staff WriterAt 1107 GMT the rand was 1.41 percent firmer at 13.3000 per dollar.
by Staff WriterThe leadership battle between Ramaphosa and Nkosazana Dlamini-Zuma, who has held several senior cabinet posts and is ex-wife of President Jacob Zuma, is too close to call with…
by Staff WriterJOHANNESBURG-Rand steadied against the dollar in early trade on Monday, holding gains from the previous session that were spurred by a combination of the trade balance remaining in…
by Staff WriterJOHANNESBURG - South African Airways (SAA) has been provided with emergency state funds to help it repay loans of 3 billion rand to Citibank, the Treasury said on…
by Staff WriterJOHANNESBURG - Rand regained some ground against the dollar early on Tuesday having dipped to a three-week low overnight as continued demand for high-yielding currencies globally helped it…
by Staff WriterJOHANNESBURG - South Africa's rand retreated from a two-and-a-half month high on Thursday after the U.S. central bank raised interest rates said it was prepared to continue tightening…
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