Rand

South Africa's Q2 Business Confidence is Unchanged from Q1

South Africa’s business confidence in the second quarter remained unchanged from the previous quarter, a survey showed on Thursday, as the country struggles to boost growth.The Rand Merchant Bank (RMB) business confidence index compiled ...

Joburg Post·almost 5 years ago

Rand Weakened After Moody's Scathing Warning on Eskom Bailouts

Market analyst Andre Botha said on Wednesday that the scathing statement by ratings agency Moody' Investor Services on Eskom's bailout has caused the rand to weaken even further, trading near R15 to the dollar on Tuesday. The local curre...

Joburg Post·over 4 years ago

SI 142: The Zimbabwean Dollar’s Enforcer

It has been a little over two weeks since the Zimbabwean Minister of Finance and Economic Development had announced that only the Zimbabwe dollar, previously known as the Real Time Gross Settlement dollar that had been introduced early t...

Neo Sithole·almost 5 years ago