South African rand weakens

South African rand slips ahead of local data, focus on budget talks
South Africa's rand extended its losses early on Thursday before manufacturing and mining data releases, a day after the national budget was tabled before lawmakers and met with resistance.
South Africa’s new budget at risk, and heads could roll at Eskom
The South African rand declined on Friday (7 March) following U.S. President Donald Trump’s announcement that he would cut all federal funding to the country. However, the dollar weakened after data revealed that the U.S. economy added fewer jobs than anticipated last month.
What will shape the South African rand in 2025? five key factors to consider
Leading currency expert Bianca Botes unpacks the crucial factors that will influence the South African rand in 2025, from global trade tensions to commodity market volatility. Essential reading for businesses and investors navigating SA's economic landscape.
South African rand weakens as budget disagreements remain
The South African rand fell on Wednesday as disagreements in the ruling coalition persisted despite the finance minister scaling back the size of a contentious tax hike in a revised budget. The budget has been the biggest test so far of South Africa's fractious coalition politics,
South Africa's Budget Balancing Act: Rising VAT to Fund Health and Defense
South African lawmakers have outlined plans that include a 0.5% VAT increase to fund additional health and defense spending. The rise in VAT aims to address cuts in US aid, return 9,300 jobs in healthcare,
South Africa Budget: South Africa's VAT hike plan faces strong opposition, budget remains stuck
South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!
South African rand opens weaker before budget showdown
The South African rand opened weaker early on Wednesday, hours before the finance minister was set to present a revised annual budget in parliament.
South Africa's Standard Bank reports 4% rise in annual profit
Africa's biggest lender by assets, Standard Bank, on Thursday reported annual profit rose by 4% and declared a final dividend ...
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Warning signs for South Africa’s economy, and Motsoaledi receives bad news
Here are five other news stories making waves in South Africa today: ...
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Live South African Rand (ZAR) Exchange Rates
Welcome to the South African Rand exchange rate & live currency converter page. The South African Rand (ZAR) exchange rates represented on this page are live, updated every minute within the ...
South Africa plans to spend more on health and defense after US cuts aid
Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...
South Africa’s budget remains stuck as parties reject reduced VAT hike
A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political ...
South African Lender Absa Forecasts Mid-Single Digit Revenue Growth
JOHANNESBURG (Reuters) - South African lender Absa Group on Tuesday posted a 10% rise in annual profit from a year earlier ...
South Africa Rand Dips as Trump Renews Criticism of Policies
South Africa’s rand weakened after US President Donald Trump renewed his criticism of the country. The currency fell as much ...
The rand weakens amid Trump’s funding freeze and controversial land claims
The South African rand weakened by more than 1% following Donald Trump's announcement to cut all federal funding to South Africa, amid escalating tensions over land reform policies. The currency ...