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 maintained early gains on Wednesday after a key parliamentary committee backed the long-delayed ...

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 ...

According to the World Bank’s Remittance Prices Worldwide report, the average cost of sending $200 from South Africa is 13.18%, up from 12.82% in Q4 2023. While that’s a marked improvement from a ...