Tag: Currency

Rand meltdown brings SA recession / junk rating closer

According to Bloomberg, South Africa is moving closer to a recession and possible credit-rating downgrade to junk after the rand collapsed and as investors lose faith in the ability of President...

South Africa’s currency falls to all-time low against the US dollar

The Rand briefly hit a rate of 14 to the dollar amid concerns about the strength of the Chinese economy. Bloomberg reported forward-rate agreements - used to speculate on interest...

Investor oil fears weaken rand

The rand weakened against the dollar early on Wednesday according to Reuters. This as a result of the falling global oil prices, that again dropped 10% in this week so far,...


What are the best investment options in South Africa?

Investing can help you keep with the growing inflation rates and set and achieve goals in your career. Whether it's buying a car, owning...


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