Tag: South African rand

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South African rand gains as China data boosts risk-taking

The South African rand gained in early trade on Wednesday after China's manufacturing activity expanded at its fastest pace since April 2012, fuelling risk-on...

South African rand under pressure ahead of raft of economic data

The South African rand was pressured by a stronger US dollar in early trade on Tuesday ahead of the release of domestic money supply,...

South African rand unchanged as dollar eases

South Africa's rand was flat in early trade on Thursday, despite gains in other emerging market currencies as the U.S. dollar fell. At 0717 GMT,...

South African rand on back foot as U.S. dollar strengthens

 The South African rand was on the back foot in early trade on Monday, as the dollar firmed on investor bets that the U.S....

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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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