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 ...

The South African rand edged up on Wednesday before a parliamentary committee was due to debate the long-delayed national ...

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

South Africa’s central bank chief said adopting a region-wide common currency was a political project, and then spelled out exactly why it would probably never happen. “What do you need to ...

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 ...

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 ...