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South African Rand Updates
Amid continued weakness in the diamond market, London-listed Petra Diamonds has decided to place its Finsch mine, in South Africa, in business rescue in order to protect the overall business. CEO...
South African forex traders are dealing with a market that feels unusually sensitive. The rand is moving on oil prices, US dollar strength, inflation expectations, and every signal from the South...
The South African rand was steady in early trade on Wednesday as traders cautiously assessed geopolitical developments after Iran accused the United States of violating a fragile ceasefire by...
The South African rand was steady in early trade on Wednesday, ahead of the release of inflation data which is expected to reflect pressures from the war in the Middle East. At 0619 GMT the rand...
The South African rand weakened on Tuesday as investors stayed cautious while monitoring developments in the Middle East after US President Donald Trump paused a planned attack on Iran. At 0730 GMT...
London-listed Petra Diamonds has embarked on an immediate cost and capital expenditure (capex) reduction assessment to preserve liquidity across the group and is considering suspending further...
The South African rand gained against a weaker dollar in early trade on Friday, as investors remained optimistic about a potential US-Iran peace deal despite renewed hostilities. The United States...
JSE-listed DRDGOLD has delivered strong operational and financial results for the quarter ended March 31, driven by higher throughput, disciplined cost management and continued exposure to a...
The South African rand weakened in early trade on Wednesday as investors waited for the US Federal Reserve’s interest rate decision later in the day, watching for clues on the economic fallout from...
The South African rand was steady in early trade on Friday, as stalled peace negotiations between the US and Iran dampened hopes for an immediate easing of Middle East tensions, while domestically...
Business organisation the South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) declined by 3.3 index points month-on-month to 131.3 points in March. The BCI...
The South African rand was flat in early trade on Tuesday as investors tracked geopolitical developments and awaited the release of a domestic business confidence survey and a central bank monetary...
The South African rand strengthened in early Thursday trade, supported by a weaker US dollar and rising investor optimism that the war in the Middle East may be nearing an end. At 0611 GMT, the...
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