Not so long ago, the rand was the punchline of dinner table jokes. Now it is suddenly the overachiever in the emerging market class. The South...
For anyone who tracks the rand daily, the last few years have felt like riding a taxi through peak-hour traffic. Sudden jolts, nervous glances at global...
For the first time in nearly two years, a key number on the screens of forex traders and the minds of importers has flipped: R16.99/$. On Thursday,...
A Currency That Refuses to Break For once, the rand has given South Africans a reason to smile. After years of volatility and bad press, the...
A Currency Few Believed In Just six months ago, the rand was in crisis. Investors were losing faith, the dollar was climbing fast, and it seemed...
In a week packed with political drama and global trade tensions, South Africa’s financial markets stood out by posting strong gains, signaling investor confidence amid promising...
The South African rand opened the week on a steady note as traders adopted a cautious stance ahead of a potentially volatile set of events, including...
The South African rand climbed to its strongest level in five weeks on Monday, lifted by renewed optimism around the country’s energy outlook after Eskom, the...
South Africa’s financial markets have finally found a moment to exhale. After months of political wrangling and economic uncertainty, Finance Minister Enoch Godongwana has announced that...
South Africa’s rand firmed up on Tuesday morning, rebounding from Monday’s sharp decline, as the market watched closely for signs of progress in the country’s multi-party...