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South African rand firmer against dollar, seen on backfoot
South Africa’s rand was slightly firmer against the U.S. dollar on Monday after “productive” Sino-U.S. trade negotiations helped forge a cautious, ris...
Rand
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Rand rattled by stronger U.S payrolls data, South African stocks slip
The rand slumped on Friday as data showing U.S. job growth rebounded strongly in June sent the dollar sharply higher, while the resources sector led S...
South Africa’s rand weaker as federal cut bets fade
South Africa’s rand weakened early on Monday against a soaring dollar as investors factored in fewer rates cuts by the U.S. Federal Reserve following ...
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As Nigeria struggles with N30,000, South Africa increases minimum wage to R4861.2 (N126,480)
South Africa has increased its minimum wage to N126,480 per month. The news is coming at a time Nigerian workers are uncertain their struggle for a N3...
South Africa’s Treasury says recession, falling revenue dent public finances
South Africa will struggle to finance the public services that form the largest part of its budget due to falling revenues and an economic recession, ...