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A service for FOREX trading professionals · Tuesday, April 15, 2025 · 803,458,897 Articles · 3+ Million Readers
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South African Rand (ZAR) News Monitoring

  • Published on 09:06 GMT

    South African rand recovers further on bets coalition will hold

    The South African rand extended gains in early trade on Tuesday, bolstered by bets that the country's coalition government will remain intact despite disagreements over the budget. At 0725 GMT the rand traded at 18.84 against the US dollar, about 0.4% …

    Source: Engineering News - Neutral
  • Published on 06:37 GMT

    South Africa's rand gains on report ANC may scrap VAT hike

    JOHANNESBURG: The South African rand firmed on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar weakness on global markets. At 1404 GMT, the rand traded at 18. …

    Source: Zawya - Indeterminate
  • Published on 08:25 GMT

    Rand roars back

    Cape Town – The South African rand strengthened by 1.4% on Monday, trading at R18.89 to the US dollar, as investor sentiment improved on the back of political and global economic developments. The rally came after Sunday Times reported that the ruling …

    Source: African Insider - Pending
  • Published on 10:43 GMT

    Rand shrugs off US’ anti-SA sentiment

    Despite Make America Great Again proponents slamming South African President Cyril Ramaphosa’s appointment of Mcebisi Jonas as South Africa’s Special Envoy to the United States on Monday, the local currency is holding its own. The rand, which recently …

    Source: IOL - Indeterminate
  • Published on Apr 14, 2025

    Rand gains on report VAT hike will be scrapped

    The rand strengthened on Monday, boosted by a news report that the country’s biggest political party may back down on a plan to raise VAT and dollar weakness on global markets. At 10.45am, the rand traded at R18.91/US$, about 1.2% firmer than Friday’s …

    Source: TechCentral - Neutral
  • Published on Apr 14, 2025

    Rand gains on report ANC may scrap VAT hike

    The South African rand strengthened on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar weakness on global markets. At 0845 GMT, the rand traded at 18.9150 …

    Source: Engineering News - Neutral
  • Published on Apr 14, 2025

    Rand gains on report ANC may scrap VAT hike

    The South African rand strengthened on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar weakness on global markets. At 0845 GMT, the rand traded at 18.9150 …

    Source: Engineering News - Neutral
  • Published on 04:54 GMT

    Rand faces investor scrutiny as US snub of envoy Jonas looms

    South African investors will be closely monitoring potential turbulence in the South African rand on Tuesday following reports that the White House could reject South Africa’s newly appointed special envoy to the United States, former deputy finance …

    Source: IOL - Indeterminate
  • Published on 04:54 GMT

    Why Capitec’s funeral cover strategy is beating legacy insurers - Tech Tides Africa

    R102.95 versus R360.00. That stark price difference - for essentially the same R50,000 funeral cover product - isn't merely an aggressive pricing strategy. It represents a fundamentally different understanding of South African market realities. A …

    Source: IOL - Indeterminate
  • Published on 08:46 GMT

    Bank of Namibia expected to hold rates as external risks mount

    Business Reporter FNB Namibia Economist Helena Mboti has opined that the Monetary Policy Committee (MPC) is expected to keep the repo rate unchanged at 6.75% at its upcoming meeting on 16 April 2025, maintaining the 75bp policy differential with the SARB. …

    Source: Informante - Pending
  • Published on 08:21 GMT

    Inflation contained and April repo rate likely unchanged – FNB 

    Domestic inflation is expected to remain elevated but relatively contained. In its latest consumer price index analysis, FNB stated it expects transport inflation to stay muted, amid subdued demand and ongoing geopolitical uncertainty.  However, the …

    Source: New Era - Pro-Government
  • Published on Apr 10, 2025

    South African Rand Plummets Amid Tariffs And Political Uncertainty

    (MENAFN- The Arabian Post) The South African rand has fallen to unprecedented levels against the U.S. dollar, reaching 19.8225 on April 9, 2025, nearing its June 2023 record of 19.9075. This marks a decline of over 3% within the week. The depreciation is …

    Source: MENAFN - Indeterminate
  • Published on Apr 12, 2025

    Fall of the rand emblematic of SA’s economic malaise

    The rand was trading at around 18,25/USD at the time the data were released, and that got things rolling. THE rand, you may have noticed, has been taking a beating of note of late. Fetching 18.62/USD in late afternoon trade on Wednesday, the …

    Source: The Standard - Pending
  • Published on Apr 12, 2025

    Fuel prices set to drop as rand bounces back

    South African motorists could soon enjoy another round of fuel price cuts, with early indicators pointing to a decrease in both petrol and diesel costs for May. Business Tech reports that the drop follows global oil market shifts and a slight rebound in …

    Source: Cape Town ETC - Neutral
  • Published on Apr 11, 2025

    Nigeria is alone as Africa sits-out tariff-fuelled currency interventions

    African nations aren’t rushing to prop up their local currencies and tap their limited foreign-exchange reserves, even as US President Donald Trump’s tariffs upend markets and global trade. So far, dealers said that only Nigeria, the continent’s most …

    Source: Polity - Pending
  • Published on Apr 12, 2025

    Petrol, diesel prices may still get cheaper – despite rand crash

    SA fuel prices will benefit from a shock slump in the oil price, with Brent crude oil falling to four-year lows.(Coffeekai/ Getty Images) SA fuel prices are largely determined by international oil costs and the rand exchange rate, as oil is priced in …

    Source: News24 - Neutral
  • Published on Apr 14, 2025

    Local currency moves back to R19 to the dollar, yet volatility is the name of the game

    Following US President Donald Trump’s whiplash announcements last week – higher-than-expected tariffs being imposed on “Liberation Day” followed by a 90-day ceasefire in his trade war – markets seesawed, and the rand hit a historic low against the …

    Source: IOL - Indeterminate
  • Published on Apr 14, 2025

    Nigeria: VerseOne Distribution now accepts Naira payments

    The move, which came into effect on 11 April 2025, forms part of the company’s ongoing commitment to making its services more accessible and inclusive for African creators, labels, and music entrepreneurs. By enabling local currency payments, VerseOne aims …

    Source: Music in Africa - Neutral
  • Published on Apr 14, 2025

    Nigerian Shareholders Set For BumperStake As MTN Plans Second Public Offer

     In a move that will ensure more partici­pation of Nigerians shareholders, MTN Group has concluded plans to reduce its shareholding in MTN Nigeria through a public offer after it returns to profitability. The group aims to cut its stake from 76 percent to …

    Source: Daily Independent - Pending

06 days 13:26:13

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