News

South Africa’s rand held steady in early trading on Wednesday as the country faced intensifying pressure to secure a key ...
The rand has rallied 3.7% against the dollar since President Cyril Ramaphosa announced his new cabinet on June 29, the most of any African currency, while the FTSE/JSE All Share Index has gained 6 ...
Following a unanimous decision by the Monetary Policy Committee, South Africa's interest rates have been cut to 7. 0%. This ...
South Africa has seen increased political stability following the May election, a stronger rand over the period, falling inflation, lower interest rate expectations and an end to rolling power ...
The South African Reserve Bank has lowered the repo rate by 25 basis points, citing a stronger rand, improved inflation expectations, and a shift toward a long-term 3% inflation target.
South Africa's rand weakened on Thursday as the dollar recovered some ground after recent losses, a day after South Africa's national budget was tabled before lawmakers and met with resistance.
This week, The Bank of Namibia unveiled newly upgraded coins - the country's first major redesign since independence - and introduced next-generation polymer banknotes.
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. EVENTS: Mozambique’s central bank ...
The rand has proved resilient so far this year, gaining more than 3% against the U.S. dollar despite relations with the Trump administration souring badly over South Africa's land reform policies ...
The Monetary Policy Committee will make another interest rate decision this week, with economists unsure if a cut will take ...