The rise of the BRICS countries, Brazil, Russia, India, China, and South Africa, is not just a geopolitical shift. It is ...

South Africa's central bank said on Thursday it would now aim for 3% inflation, not 4.5%, despite the finance minister not yet signing off on a formal target change, as it lowered its main lending ...

The King protea became South Africa’s national flower in 1976 and, following the abolition of apartheid in the early 1990s, the emblem of the country’s newly desegregated national sports teams.

A BRICS currency will not be on the agenda of the bloc's summit in South Africa next month, but Brazil, Russia, India, China and South Africa will continue to switch away from the U.S. dollar ...

South Africa’s central bank chief said adopting a region-wide common currency was a political project, and then spelled out exactly why it would probably never happen.

A group of finance executives is drafting proposals to allow foreign-currency transactions on stock and bond exchanges in South Africa as the continent’s biggest economy aims to bolster its ...

The South African bank said Monday that group headline earnings grew by low-to-mid single digits in rand over the ten months ended Oct. 31 and by mid-teens on a constant currency basis.

Adds background throughout Nov 17 (Reuters) - S&P Global on Friday affirmed South Africa's foreign currency rating at "BB-/B" and local currency rating at "BB/B", citing benefits from access to ...