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Tag: strength

Rand strengthens after Chinese R198 billion investment

The rand opened mostly directionless yesterday hovering at levels above R13.45 to the dollar before getting some much-needed inspiration from President Cyril Ramaphosa’s announcement that China would invest $14.7 billion (about...

Why the strong rand isn’t actually best for South Africa

The South African rand was slightly weaker against the US dollar on Friday morning (2 February), trading around R12 to the dollar following the US Federal Reserve’s decision to keep interest...

This is why South African banks have won a global award for strength

Lafferty says in back-testing its research model through the financial crisis, it found that there was no relationship between sovereign credit ratings and bank quality. South African banks held onto their status...

Fist Pump! Engen holds onto GenNext title

Engen has again been voted the “Coolest Petroleum Brand” in the Sunday Times Generation Next awards. This is the eighth consecutive year that the country’s youth have backed Engen, reaffirming the company’s uncontested brand...

Rexnord Falk Steelflex couplings offer strength and reliability

BMG’s heavy industrial Rexnord Falk Steelflex couplings are known globally for highly efficient and reliable performance, even in arduous applications. “Falk Steelflex couplings have also been proven to minimise downtime...

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Cape Town voted among world’s best cities to live in

It comes as no surprise that the Mother City has made it to yet another coveted list of the world’s best cities to live...

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