The pound edged up against the euro, shaking off data that showed the UK labour market lost more steam in August.

Asian shares hit 11-month low on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields pressured valuations, while supply concerns lifted oil prices further.

The rand started strong on Monday, jumping 1% against the Dollar to continue its short-term uptrend against the major currencies.

Experts say South Africa’s failed Transnet railway infrastructure reduced our economic growth by as much as 10% in 2023.

The South African rand stabilised on Friday after a week of volatility, with the focus turning to domestic inflation and retail sales figures this week.

Sterling rose, moving off recent lows and rallying in line with a rebound across markets. The rand was broadly unchanged in early trade

The rand has maintained its elevated volatility over the past week amongst current uncertainty. More in this week’s rand report.

The dollar weakened on Tuesday along with U.S. interest rate expectations and a fall in Treasury yields as investors detected a slight dovish shift in Federal Reserve officials’ tone.

The South African rand recovered some losses on Friday after slumping to a four-month low earlier on the back of positive U.S. payrolls data.

Oil prices rallied while the dollar and yen advanced on Monday after Hamas launched a shock attack on Israel at the weekend.

The pound Sterling fell sharply on Monday, continuing a weak run that saw it drop 3.7% in September, its worst monthly performance in a year.

The Nigerian government, headed by President Tinubu, has proposed measures to address the impact of economic reforms.

Stats SA shows that SA is experiencing a payday boom with a hike in average salaries. Here are the highest paying jobs.

Sterling dipped against the dollar to a session low of $1.2269 after data showed retail sales in Britain rose less than expected in August.

Do you think the rand could hit R25 to the dollar? Some economists warn that poor governance could steer the rand to a new low.

Will the Reserve Bank hike interest rates? We’ll find out tomorrow (21 September 2023). But let’s try preempt the outcome now.

Asian shares drops and the dollar was firm on Monday as investors looked ahead to policy meetings from the Federal Reserve, the Bank of Japan and other central banks this week.

The next interest rate announcement is scheduled for Thursday, 21 September with South Africans no doubt nervous at its outcome.

The South African rand weakened against a firm dollar on Thursday after monthly mining figures showed a drop in production, while analysts had predicted an increase.

Asian stocks rose on Thursday, as traders figured a small upside surprise for U.S. inflation was unlikely to push up interest rates.

The very early fuel price projections from the CEF paints a dire picture for October 2023 for South Africa’s motorists.

South Africa’s real GDP increased by 0.6% in the second quarter of 2023, according to the latest figures released by Stats SA.

There are several factors milking Eskom, including SA’s high unemployment rate…

R18 million – that’s the staggering amount of money the Red Berets claim to have generated in revenue by selling EFF jackets at the organisation’s 10th anniversary celebrations on Saturday, 29 July 2023, at FNB Stadium in Nasrec, Soweto. ALSO READ: Here is what EFF Julius Malema said during the celebrations EFF JACKETS ‘SELL LIKE HOT CAKES’ […]