JOHANNESBURG, April 25 (Reuters) – South Africa’s rand was steady on Friday as investors awaited clarity on a disputed national budget which has roiled domestic markets. At 1236 GMT, the rand ...

Rand Merchant Bank Nigeria Limited (RMBN), has been recognised by DealMakers AFRICA, for its lead advisory role in the exit of CardinalStone Partners from iFitness to Verod Capital Management.

South Africa's Rand Recovery Continues With Volatile Global and Local Backdrop. By Reuters | April 14, 2025. By Reuters | April 14, 2025, at 3:03 a.m. Save. More.

South Africa's rand recovered further against a weaker dollar on Monday, extending a recent bout of extreme volatility linked to U.S. President Donald Trump's trade war and worries that a key ...

The rand remained on the back foot, depreciating further on Monday by 2.35% on fears that US import tariffs might start a global recession and due to political instability in South Africa, while ...

South Africa’s rand weakened after US President Donald Trump renewed his criticism of the country. The currency fell as much as 1.1% and traded 0.7% weaker at 18.2563 rand per dollar as of 5:45 ...

US President Donald Trump's announcement to halt aid to South Africa following the recent Expropriation Act has triggered significant currency volatility, with the Rand breaching R19 to the dollar.

For the first time since 2016, South Africa‘s rand finds itself among the five best-performing emerging-market currencies of the year — and there may be more to come, according to analysts at ...

Although the rand is now trading at R17.68/$, which is an improvement from its over R19.50/$ seen a year ago, the rand is still roughly 20% weaker than the level seen in August 2022, where the ...

JOHANNESBURG, Aug 30 (Reuters) – South Africa’s rand strengthened to a fresh 13-month high on Friday, supported by improved investor sentiment on signs the domestic economy is starting to gain ...

This translated into the US hiking by 50bp more than South Africa in total. The rand weakened from R14.50/USD in early 2022 to R20.00/USD in 2023 but pulled back to towards R18.00/USD at the end ...

After starting this week at 18.97/dlr, the rand regained lost ground throughout the week and was fetching 18.36/dlr on Thursday afternoon, although later in the day it gave up some gains. It is ...