The South African rand has staged a strong comeback this week after last week’s coalition deal between ANC and Democratic Alliance. The USD/ZAR exchange rate has plunged to a low of 17.91 ...

South Africa's central bank was unexpectedly decisive in cutting interest rates on Thursday, with all members of its Monetary ...

South Africa's finance minister says the country doesn’t have the funds to cover the over $430 million shortfall caused by ...

South African stocks and the rand currency fell Thursday, as early results were announced from this week's hotly contested national election. The African National Congress, which has been in power ...

Roodt warned that South Africa was heading for a financial crisis as the state owed too much money. “We cannot afford to spend like we do. The money is ‘finished and klaar’. There is no ...

South African President Cyril Ramaphosa has hit back at allegations of improper conduct over large amounts of cash stolen from his wildlife farm in 2020. “Some are casting aspersions about me ...

The creation of a BRICS currency will be one of the main topics up for discussion when the group of five emerging nations – Brazil, Russia, India, China and South Africa -- meet in Johannesburg ...