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Friday, August 7, 2020



Tag: Currency

7 things you need to know today

This is all the latest business news that you need to know today: 1. Steinhoff woes continue to pile up in Europe Troubled retailer Steinhoff International’s woes continue to pile up as one...

What is the future of money?

The growth of the digital economy has already distorted many industries, from media to transportation, just as technology has changed the face of payment systems. Next in line? Money itself. ...

Rand slips 3% as SA edges towards recession

The rand fell as much as 3% against the US dollar on Wednesday, buffeted by a spate of bad domestic news, as global investors shy away from emerging-market currencies. Earlier,...

Rand crashes through R14/$

So the rand party is over… The domestic currency yesterday took a pounding like never before, tanking more than 50c in less than 36 hours and crashing through the R14 mark...

Land debate haunts rand

The rand heads into this week with a dark cloud of local politics hanging over it as the reaction from the land expropriation decision last week had a crippling effect putting...


Liquor industry urges government to prepare to lift alcohol ban

The liquor industry is once again calling on government to lift the ban on alcohol. Their latest call is based on suggestions by the...