At 1536 GMT, the rand was down 0.3% against the US currency at 14.0900 per dollar, heading for a second straight day of losses.
Moody’s said in a research note that while the outlook on South Africa’s Baa3 rating was stable, it did not see growth picking up significantly because of constraints like skills shortages and power supply problems. But it has now fallen around 0.8% against the dollar since Friday. Trading volumes are expected to be muted this week ahead of Easter public holidays.On the Johannesburg bourse, stocks followed international equities markets higher.
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Rubber bullets fired as Bekkersdal protests intensifyResidents of Bekkersdal in the West Rand have been blocking roads demanding electricity. Bekkersdal is sarounded by soo many mines to be soo poor with infrastructure, If eNCA can send an invistigative journalist to the municipal offices in Westonaria, you will be shocked with the amount of corruption in there that stops them from perfoming services delivery.
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Rand improves past R14/$ despite mounting riskThe local currency has firmed to its best level against the dollar in two-months, although a series of risk-events on Wednesday threaten its gains
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Frustrated Bekkersdal residents protest over lack of electricityRubber bullets were fired to disperse angry crowds in the West Rand community's protest.
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Rand retreats slightly from near six-week bestThe rand retreated slightly from a near six-week best in early trade on Wednesday as investor caution prevailed due to US-Europe trade disagreements and the International Monetary Fund’s downgrade of its global economic outlook. Last night I dreamed about that time when a dollar was R10.
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Rand steady as market waits for risk events to unfoldThe ECB’s policy announcement and an EU summit on Brexit are likely to provide the market with direction on Wednesday
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Rubber bullets fired as Bekkersdal protests intensifyResidents of Bekkersdal in the West Rand have been blocking roads demanding electricity.
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Plans are afoot to electrify Bekkersdal: Rand West MMC - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Rand West Member of the Mayoral Committee for Water, Sanitation and Energy, Dumile Sithole, says plans for the electrification of all informal settlements in Bekkersdal, west of Johannesburg, are at an advanced stage. How will they do that when there is no electricity for the rest of the Country? What Game is Eskom playing here? So.... Loadshedding is a Hoax..Right?
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Rand pushes past R14/$ as volatility easesCurrency’s stability, which reflects that many risks are already priced in, surprises analysts
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Rand dips below R14 to the dollarThe rand moved back below R14 against the dollar on Wednesday -- its strongest position since the end of February.
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Rand dips below R14 to the dollarThe rand moved back below R14 against the dollar on Wednesday -- its strongest position since the end of February. Do not tag Chris Hart😆 The manner of your reporting is indicative that you seek a negative spin for our country, instead of seeking to uplift public discourse and create positive vibes! The 'Rand dips...' ?!?!? Certain Blue party is not happy about these developments. Last week, they turned red when Moodys decided not to downgrade Mzanzi
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Rand steady at better than R14/$ after ECB promises continued stimulusAnalysts have expressed some surprise at the stability of the rand in spite of some global concern over slowing economic growth
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