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 rand of South Africa

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updated Thu. January 11, 2018 reload page to refresh

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Johannesburg, Jan 11 (Reuters) - South Africa's rand was flat on Thursday, taking a breather after a week of volatile trade driven by swirling speculation that President Jacob Zuma would step down before his term ends in 2019. Stocks were led lower by banking stocks which came off a previous rally on ...
Youths seeking free education injured in registration stampede at South African college ... Johannesburg, Jan 11 (Reuters) - Six students were injured in a stampede to register for free tuition at a college in South Africa on Thursday, the first sign of trouble since President Jacob Zuma announced a ...

Johannesburg, Jan 11 (Reuters) - South Africa's rand traded slightly firmer on Thursday, gaining back lost ground as higher gold prices and the likelihood of local interest rates remaining high lured offshore investors. * At 0630 GMT the rand 0.2 percent firmer at 12.4200 per dollar compared to a close of ...
Johannesburg, Jan. 10 (Xinhua) -- The Johannesburg stock exchange (JSE) closer weaker on Wednesday, pulled down in part by banks, as the rand extended its losses to the dollar. South Africa's rand traded weaker on Wednesday as the previous session's brief gains gave way to a bearish ...
South Africa's rand has clung to December's gains thus far in 2018 but analyst opinion remains divided over whether it will take another leg up in 2018, or about-turn and head south for the duration. The currency avoided a potentially cataclysmic turn of events last year when, first, Moody's held of on a ...
Johannesburg, Jan 8 (Reuters) - South Africa's rand weakened on Monday, succumbing to a resurgent dollar and some profit-taking after seven weeks of gains sparked by leadership changes in the ruling party and a rally in global commodity prices. * At 0645 GMT the rand was 0.4 percent weaker at ...
Johannesburg, Dec 29 (Reuters) - South Africa's rand was firmer on Friday, the last trading day of the year, as continued volatility in low liquidity ... South African main stock indices ended 2017 between 17.5 and 19.65 percent higher, mirroring global rallies fueled by increased optimism about the global ...
The South African rand dodged a series of bullets in 2017 and, just days ahead of the New Year, is boasting solid gains over almost all developed world ... the next budget, whether or not it will follow in the footsteps of Standard & Poor's by stripping South Africa of its local currency investment grade rating.
Johannesburg, Dec 27 (Reuters) - South Africa's rand rallied to its strongest in nine months on Wednesday, still riding the wave of positive sentiment after Cyril Ramaphosa's election as the leader of the ruling African National Congress and a global rise in resources prices. At 1500 GMT the rand was ...
"The South African economy has been weak. Its Q3 GDP slowed to 0.8% y/y from 1.3% y/y in Q2. The South Africa Reserve Bank (SARB) cut the growth outlook to 1.2% in 2018 and 1.5% the following year. Weak growth would enhance the downside risk of government revenue, and make it more difficult to ...
Johannesburg, Dec 28 (Reuters) - South Africa's rand on Thursday extended gains that have seen it soar to its firmest in two-and-a-half years, with investors believing a leadership change in the ruling party would spur an economic rebound. * At 0640 GMT the rand traded at 12.2650, inching 0.04 ...
Johannesburg, Dec 11 (Reuters) - South Africa's rand firmed against the dollar on Monday as the greenback retreated, while a recovery of Steinhoff's shares ... Further gains were curbed by nervous South African investors ahead of the ruling African National Congress (ANC) leadership conference this ...
Johannesburg, Dec 5 (Reuters) - South African listed shares fell on Tuesday after a U.S law firm launched an investigation into media and e-commerce giant Naspers, while the rand and government bonds were little changed ahead of next week's ruling party leadership vote. The benchmark Top-40 ...
Johannesburg, Dec 4 (Reuters) - South Africa's rand gained 1 percent against the U.S. dollar on Monday on signs that Deputy President Cyril Ramaphosa was doing well in the race to become the next leader of the ruling African National Congress (ANC). At 1501 GMT, the rand was up 1.02 percent ...

The Pound-to-Rand exchange rate is rising in a channel which started at the March lows; it has moved up from about 15.50 Rand to a Pound to 19.00, which it reached three weeks ago. The move takes the GBP/ZAR 0.8% lower over the last month, but for 2017 the Pound is still just over 9.0% higher.
A daily close above 14.11 will take the parity higher towards key resistances around 14.23, 14.45, 14.51, 14.57, 14.68 and 14.77 marks ...
As it moves to split off the operation into a separate business, South32 said it would invest 4.3 billion South African rand (US$309.6 million) to ...
Standard & Poor's cut South Africa's sovereign debt rating to BB from BB+ with a stable ... the rand fell as much as 1.5% on the announcement.
Johannesburg, Nov 20 (Reuters) - South Africa's rand weakened on Monday, bowing to a firming dollar and growing concerns over ...
The South African rand has been weakening ever since the March lows ... on South Africa, there are fears that should Dlamini-Zuma become ...
Johannesburg, Nov 21 (Reuters) - South Africa's rand fell against the dollar ... "South African traders are cautious ahead of the release of ...
Johannesburg (Reuters) - South Africa's rand firmed on Thursday, helped by favourable sentiment for emerging market currencies and ...
Over the last week, the rand has continued to weaken. There are several factors at play here including the unexpected stories concerning ...
File: ANC Deputy President Cyril Ramaphosa has received the endorsement of most of Gauteng's West Rand branches. Photo: Reuters ...
Johannesburg, Nov 16 (Reuters) - South Africa's rand gained against the dollar on Thursday, helped by favourable sentiment for emerging ...
Falling tax receipts and elevated government spending had already driven a larger than expected deterioration in the South African budget ...
South African markets - Factors to watch on Nov 16 ... South Africa's rand inched firmer on Wednesday, holding its ground against the weaker ...
One of the major concerns is the +-$10 billion, about 20% of foreign debt holdings, that will be forced out of South African bonds. South Africa ...
Johannesburg - Dollar weakness provided some relief to the rand, but an analyst ... "On a longer-term basis, South Africa could benefit from an ...
Johannesburg, Nov 14 (Reuters) - South Africa's rand recovered on Tuesday as traders who sold the currency and bought the dollar in the ...
Pound-to-South African rand Rate Technical Forecast: Sterling Could ... South Africa's rating has been teetering on sub-investment grade for a ...
Johannesburg, Nov 3 (Reuters) - South Africa's rand tumbled more than two percent on Friday, while bonds also weakened sharply as ...
Johannesburg, Nov 2 (Reuters) - South Africa's rand advanced against the dollar early on Thursday, dropping below the psychological ...
Johannesburg, Nov 2 (Reuters) - South Africa's rand extended its comeback on Thursday, ignoring turbulence in parliament to trade below ...
The South African rand weakened substantially following last week's budget but losses may only have been temporary suggests one ...
The South Rand has weakened substantially following the recent ... The implications of the budget could very well weigh on the rand in the ...
Johannesburg, Oct 30 (Reuters) - South Africa's rand clawed back ground against the dollar on Monday, benefiting from a pause in the ...
South Africa's rand steadied against the dollar in early trade on Monday as the currency recovers from last week's heavy losses sparked by dire ...
That said, a November review of South Africa's credit rating will be another ... The South African rand could rise over the next three months as ...
Johannesburg, Oct 20 (Reuters) - South Africa's rand weakened sharply in early trade on Friday, sliding to its lowest in a week and a half ...
Johannesburg, Oct 19 (Reuters) - South Africa's rand firmed on Thursday, snapping a three-day losing streak, helped by some investors ...
High court grabs playboy's multimillion-rand Clifton home ... with yachts and luxury cars - including four bought in South Africa. ... He swore a statement saying he had spent millions of rands ... More than 1‚700 South African families live in houses‚ apartments and wine farms valued at R20-million each.
Netflix has announced its intention to focus on the South African market, and charge for local subscriptions in rand. The head of Netflix's ...
While much of the political intrigue of the last few days after President Jacob Zuma's Cabinet reshuffle has focused on the removal of the ...
the rand dropped by 1% against the dollar yesterday following president Jacob Zuma's announcement, Reuters reported. The South African ...
Johannesburg, Oct 19 (Reuters) - South Africa's rand inched firmer early on Thursday, helped by some investors taking profits from the ...
Netflix announces pricing in rand for South Africa [Update]. By Hadlee ... "With Kwese… we have it in rands…" ... Original article: Streaming colossus Netflix has quietly confirmed pricing in South African rand for its offering.


 

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