South Africa's ruling ANC party was expected to lose its majority, but the ongoing vote count suggests it has done worse than expected.
Read more … →Analysts say the South African Rand's performance has fading political risk to thank.
Read more … →The correlation between the price of gold and the South African Rand has reached a seven month high, shows new analysis.
Read more … →The South African 2024 Budget offers a "welcome short-term relief" from deteriorating confidence in South Africa's fiscal fundamentals, but structural challenges remain that should ensure risk prem…
Read more … →The South African Rand rose following the National Budget announcement that showed the government refrained from announcing a significant spending spree just months ahead of an important general el…
Read more … →The South African Rand is undervalued as investors fear the upcoming elections will result in a coalition government, according to a new analysis from Investec, the South African investment and com…
Read more … →Nedbank expects the rand to remain under pressure until the uncertainties around the election and the fiscal trajectory have been resolved.
Read more … →Financial analysts are calling for swift action to address gaps in the regulatory environment within South Africa that allows banks to offer extended loan terms – often without consumers fully unde…
Read more … →The South African Rand should be getting its skates on and outperforming its global peers as the U.S. Dollar retreats, according to Goldman Sachs, but it has disappointed.
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