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Tag: rand

Rand loses hard won ground as Hawks circle Gordhan (again)

The Rand has dropped to the lowest level in three weeks in the hours since the Daily Maverick broke the news that the Hawks are once again setting their sights on...

Weak rand; drought sends SA food prices rising

The drought and rapid depreciation of the rand have led to a rise in food prices, hitting poorest South Africans hard. Alan Winde, Minister of Economic Opportunities, today (12 August 2016) delivered...

Some light on legislation regarding direct offshore investment

Exchange rate fluctuations over the past six months have resulted in Rand depreciation and Rand appreciation of approximately 20% either way. This ebb and flow has led to many financial planners...

SA failing to benefit from low global agricultural commodity prices

Despite a drop in global agricultural commodity prices in 2015 and earlier this year, South Africa, which is still reeling from the drought, has failed to capitalise on the slowdown due...

Bump and grind for 2016

PROSPECTS for business in the Western Cape for 2016 look daunting. Political ructions have sent the Rand spiralling down against major currencies, the country’s fiscal policies look anything but disciplined and...

MUST READ

Engen brings drought and fire relief to farmers

Engen, South Africa’s favourite petrol station*, has stepped up to assist drought-stricken farming communities in Sutherland in the Eastern Cape as well as areas in the...

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