The National Treasury set the record straight, saying that only individual clients were harmed by the bank scandal activity and not SA as a whole.
When you think of the South African rand compared to the pound, for example, you don’t exactly see gold. But that is precisely the history behind the name of our currency.
Experts weigh in on what we can expect from the South African rand after the elections in May.
South Africa is officially in a recession, and that has seen the rand take a battering over the past few days. If you think that won’t affect you, you’re wrong.
It’s easy to blame South African politics for the decline in the rand over the weekend. Unfortunately, the real reasons are far more complicated.
When figuring out a daily liveable budget for overseas, you might use the Big Mac price comparison method. Here’s a nifty table showing what you need to know.
Uh, oh, we’re in trouble. Just as we were taking slow steps to increase the rand’s worth against the dollar, Zuma just had to intervene.
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 […]
Rand tanks amid Gordhan / Hawks drama. Cape Town City FC win first game! Big Italy earthquake. Australian backpack terror. Kendall’s bum shot bounced from Vogue. Chris Rock divorce.
Rand on 10-month high. Mandela shot by police. Facebook fights ad-blockers. China Tesla auto-pilot crash. Tom Cruise’s sad situation. Kanye no genius: Paul McCartney. Blitzbokke Olympic success.
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.
The rand has been in something of a tail spin for a while, although the plucky underdog now seems to be fighting back.
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 slips after SONA. Opposition response to SONA. Robben Islander thrown out. North Korea military revolt looming? Noakes holds forth. Trump And Elton’s doomed bromance. Meryl Streep backlash.
Here’s hoping your weekend went better than it did for the rand, close of trading on Friday seeing some truly awful numbers.
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.
As the rand slowly decreases in value, placing investors in a tight spot, financial advisors are predicting an eventual increase, possibly even reaching a single digit.
Bad news for all those travelling to the UK any time soon – the rand is taking a beating and this time it doesn’t look like it’s coming back.
Win tickets to something that could make you more than just a millionaire. Nice one…
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.
The rand is currently standing at 9,6980 to the dollar – the lowest it has been in the last four years.
I find it terribly amusing when people “choose not” to play the lottery. Haaaah! How sad can you get? Especially when it goes over one billion Rand! I know a lot of people who only play when it goes over one billion – and I know at least they’re in there like swimwear. Houses like this on […]