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South Africa's rand advanced against the U.S. dollar, buoyed by investor anticipation of President Cyril Ramaphosa's upcoming national address and ongoing observations of the U.S.-China tariff...
On Wednesday, Capital Economics provided an analysis of South Africa's economic activity data for November, indicating a robust end to the previous year, driven primarily by the mining and retail...
Bank of America (BofA) analysts indicated that the prevailing bearish sentiment on Eastern Europe, Middle East, and Africa (EEMEA) foreign exchange (FX) is nearing its peak, particularly noting an...
Investing.com -- The pace of inflation in South Africa picked up in December, but not as rapidly as anticipated, according to data released by Statistics South Africa. This slower increase may allow...
Bank of America (BofA) analysts who consider the South African Rand (ZAR) to be significantly undervalued. They forecast a potential appreciation of the currency against a stabilizing U.S. dollar. The...
On Monday, Bank of America (BofA) highlighted potential vulnerabilities in foreign exchange (FX) positions post the U.S. nonfarm payrolls (NFP) release, noting light investor flows into the payroll...
PRETORIA - The South African Reserve Bank (SARB) has announced a reduction in the repurchase rate by 25 basis points to 7.75%, effective from November 22, 2024, as conveyed in a statement by the...
Crypto companies in South Africa with overseas headquarters may be mandated to maintain a local office. The country’s financial sector regulator, FCSA, claims over 10% of crypto firms in the...
The South African rand strengthened against the dollar today, buoyed by the US Federal Reserve's dovish comments that signaled potential rate cuts in the future. This shift in stance by the Fed has...
Standard Bank Group's CEO, Sim Tshabalala, has publicly refuted claims that the bank was involved in the 2017 Rand-US Dollar manipulation scandal. This statement comes amidst broader accusations of...
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