Tag: South African rand

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South African rand slips after OPEC+ oil cut

The South African rand slipped in early trade on Monday as the dollar firmed following a decision by major oil producers to reduce supply. The...

South African rand slips as local market awaits rate decision

South Africa's rand slipped in early trading on Wednesday as local markets traded cautiously ahead of an impending central bank rate decision the following...

South African rand weakens against stronger dollar

South Africa's rand weakened against a stronger dollar on Monday, as investors awaited a central bank decision on monetary policy later this week. At 0635...

South African rand strengthens after Fed rate decision

South Africa's rand strengthened in early trade on Thursday, as the dollar hovered around seven-week lows after the U.S. Federal Reserve signalled that its...

South African rand edges higher ahead of inflation data, Fed rate decision

South Africa's rand edged higher in early trade on Wednesday, ahead of the release of local inflation data and highly anticipated interest rate decision...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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