South Africa's assets gain
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The South African rand edged up in early trade on Friday as investors turned their attention to the final day of the two-day Group of 20 finance meeting, which South Africa, the first African host nation,
The South African rand took a knock against a firmer dollar in early trade on Friday, as global markets remained on edge over U.S. President Donald Trump’s tariff threats. At 0713 GMT, the rand traded at 17.
Petrol price recoveries are holding firm, but diesel drivers could be facing even more trouble in the months ahead as global supplies come under pressure.
South Africa's Vodacom Group said on Friday its proposed acquisition of a 30% stake in fibre network operator Maziv could value the target company at up to 36 billion rand ($2 billion) after agreeing revised terms.
The USD/ZAR exchange rate rose to 17.86 on Tuesday as investors reacted to Donald Trump’s trade war with South Africa
The rand climbed to a 13-month high on Friday, riding a wave of optimism about South Africa’s economy and also buoyed by expectations of imminent Federal Reserve interest-rate cuts.
JOHANNESBURG: The South African rand was softer in early trade on Monday as investors mulled over U.S. President Donald Trump’s latest tariff threats. At 0627 GMT the rand traded at 17.96 against the dollar , about 0.1% weaker than Friday’s close.