rand south africa monwy

South Africa’s Rand Extends Rally to 4-week High, Stocks Up

By Reuters 04-09-19 20:17

JOHANNESBURG (Reuters) – South Africa’s rand rose to a four-week high on Wednesday backed by a better-than-expected jump in second-quarter growth and improved risk sentiment globally, brushing off concerns over anti-immigrant protests. Stocks gained led by Naspers. At 1545 GMT the rand was 1.91% firmer at 14.8025 per dollar, its firmest level since Aug. 6, […]

Business Leaders Urge South Africa’s Ramaphosa to Reform Faster

By Reuters 04-09-19 11:50

CAPE TOWN – South African business leaders on Wednesday urged President Cyril Ramaphosa to push through reforms faster to lift the economy and curb investment outflows, as executives and policymakers gathered for a continental economic summit. Frustration is building in South Africa. Ramaphosa has promised sweeping reforms, but growth remains below 1% a year and […]

South Africa Could Face More Loadshedding, says Eskom

By SAPeople 04-09-19 11:36

JOHANNESBURG – Eish, South Africans could face more load-shedding over the next few months. The acting chief executive of South Africa’s state power firm Eskom said on Wednesday that he could not rule out more power cuts going forward. Jabu Mabuza told a media briefing that Eskom was planning to undertake plant maintenance on 5,500 […]

Zambia Call Off Home Friendly Over South African Riots

By Reuters 04-09-19 10:17

JOHANNESBURG – The Football Association of Zambia (FAZ) has called off the country’s friendly soccer international against South Africa in Lusaka on Saturday after riots in Johannesburg and the capital Pretoria left at least five people dead. South African police arrested more than 80 people and confirmed the five deaths as violence intensified on Tuesday, […]

Was Yesterday the Saddest Day Ever in South Africa?

By Jenni Baxter 03-09-19 23:01

South Africa has had many ups and downs, but yesterday – Monday 2 September 2019 – it appeared to reach a new low with South Africans around the country heaving a collective sob in the face of more devastating and senseless crimes. Facebook timelines were strewn with tearful, angry and heartbroken messages. Twitter burned with […]

South Africa Avoids Recession with Surprise Second Quarter Economic Growth

By Reuters 03-09-19 13:06

PRETORIA – South African GDP grew more than expected in the second quarter thanks to a recovery in mining and manufacturing, official data showed on Tuesday, in a boost to President Cyril Ramaphosa’s efforts to revive a troubled economy. Growth in the three months to June was 3.1%, after a revised contraction of 3.1% in […]

WATCH Runners’ Hilarious Reactions to Lion at iMfolozi Outrun in KZN, South Africa

By Jenni Baxter 03-09-19 10:53

There’s nothing like South African humour! In a very Leon Schuster-like set-up, the 2019 iMfolozi Outrun organisers surprised runners during the inaugural two-stage run over the weekend. Imfolozi Outrun posted the video below, saying: “The STIHL iMfolozi Outrun had a few surprises on route….and our runners put their dangerous game briefing into perfect practice!” When […]

100 Countries Represented at World Economic Forum on Africa in Cape Town

By Ted Botha 03-09-19 09:50

More than 1,000 leaders in their field from 100 countries – including 10 African heads of government or state – are gathering in Cape Town for the 28th World Economic Forum on Africa from tomorrow until Friday, according to the WEF. Attendees at #WEFAfrica2019 will, according to the WEF, be spread across the fields of […]

petrol

South African Fuel Prices Rise in September After Rand Slide

By Reuters 03-09-19 09:03

The retail price of petrol in South Africa will rise by 0.7% from Sept. 4, while the price of wholesale diesel will increase by 1.8 percent, the energy department said on Monday. The price of petrol will rise by 11 cents to 16.03 rand ($1.05) per litre in the commercial hub of Gauteng province, while diesel will also […]

Wayde Van Niekerk Rules out World Championship Defence

By Reuters 02-09-19 16:26

World record holder Wayde van Niekerk said he would not defend his 400-metres title at this month’s World Championships in Doha as he has yet to recover from a knee injury. The Olympic champion suffered the injury while playing a charity touch rugby game in October 2017 and has not raced internationally since. The 27-year-old […]

BREAKING: Looters Trash Joburg CBD Amid New Accusations Against Foreigners

By Ted Botha 02-09-19 15:45

JOHANNESBURG – The death of three people on the weekend during a fire in a hijacked building in Jeppestown, east of downtown, triggered looting in the area that on Monday spread into the city centre and Turffontein, with many on social media saying it was a backlash against foreigners. Police were reportedly in heavy presence […]

6-Year-Old Kidnapped Outside Her School in South Africa. Reported Ransom Demanded

By SAPeople 03-09-19 08:48

A young six-year-old girl – Amy-Lee de Jager – has been kidnapped outside her school, College Park Primary School (Laerskool Kollegepark) in South Africa, on Monday morning. According to local reports, the kidnappers have demanded a ransom of R2-million. UPDATE: Amy-Lee has been found. Earlier this morning, Laerskool Kollegepark in Vanderbijlpark, Gauteng, posted a photo […]

PHOTOS: South African Women Gather in Silent Vigil for SA’s Fallen Angels

By Jenni Baxter 01-09-19 11:44

South African women ‎fought back yesterday with a powerful display of solidarity, standing in silent vigils at different locations around the country, all dressed in black and holding the heartbreaking list of ‘Our Fallen Angels’, the list compiled by Cape Town resident Cindy September which honours all the women and girls who have been tragically […]

1 770 771 772 773 774 1,019