New World Wealth has just published its South African Wealth Report for 2018, revealing that many South African’s are sitting very pretty.
The rand has taken us South Africans on quite an emotional journey of late. Of course, it’s not the currency’s fault, but rather the fault of those who are so strongly connected to it (yes, yes, Zuma is just one element to blame.) But its recent rise in strength has given us all a little […]
The rand has suddenly increased against the dollar, and we’re all holding fingers that it will only get better. However, analysts sing a different tune.
Rand makes comeback. Calls for Zuma to resign. Paris bombing suspect expected to sing. Heyneke Meyer is back. Trump backlash. Obama’s Playboy bunny dance partner. Swedish fart crime dismissed. Comic genius dies. Amber Rose emoji nails Cosby.
Rand hits all-time low. SA’s Mining Minster in sex photo scandal. FIFA exec banned for life. Trevor Noah’s viewership numbers. VW to fix 11 million cars. Ralph Lauren steps down. Jim Carrey ex suicide. R4 billion on everyone’s mind.
The Rand is getting whipped like a red-headed stepchild, right now. Overnight the Rand tumbled to a four year low against the US dollar. Don’t even look at the Euro exchange rate. It’ll tingle your loins.
Zuma addressed reporters this morning at the Union Buildings in Pretoria on the general state of the economy, and government’s plan of action to stabalise the mining sector. Following the speech, the Rand slid from R9,71, to over R10 to the US Dollar, this afternoon.