South African rand weakens

South African rand slips ahead of local data, focus on budget talks
South Africa's rand extended its losses early on Thursday before manufacturing and mining data releases, a day after the national budget was tabled before lawmakers and met with resistance.
South African rand weaker, focus on local budget this week
South Africa's rand was weaker on Monday as investors awaited a national budget speech later this week and markets kept an eye on U.S foreign policy developments. At 0707 GMT, the rand traded at 18.30 against the dollar ,
What will shape the South African rand in 2025? five key factors to consider
Leading currency expert Bianca Botes unpacks the crucial factors that will influence the South African rand in 2025, from global trade tensions to commodity market volatility. Essential reading for businesses and investors navigating SA's economic landscape.
South African rand weakens as budget disagreements remain
The South African rand fell on Wednesday as disagreements in the ruling coalition persisted despite the finance minister scaling back the size of a contentious tax hike in a revised budget. The budget has been the biggest test so far of South Africa's fractious coalition politics,
South Africa’s new budget at risk, and heads could roll at Eskom
The South African rand declined on Friday (7 March) following U.S. President Donald Trump’s announcement that he would cut all federal funding to the country. However, the dollar weakened after data revealed that the U.S. economy added fewer jobs than anticipated last month.
South Africa proposes smaller VAT hike to end budget impasse
South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!
South Africa's budget remains stuck as parties reject reduced VAT hike
By Wendell Roelf, Kopano Gumbi and Tannur Anders CAPE TOWN (Reuters) -A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political parties, even though a proposed increase in value-added tax was sharply reduced.
South Africa's Standard Bank reports 4% rise in annual profit
Africa's biggest lender by assets, Standard Bank , on Thursday reported annual profit rose by 4% and declared a final ...
South Africa plans to spend more on health and defense after the US cuts aid
JOHANNESBURG (AP) — Lawmakers in South Africa laid out plans to shore up the budgets for health and defense but also put up ...
BusinessTech2d
Warning signs for South Africa’s economy, and Motsoaledi receives bad news
Here are five other news stories making waves in South Africa today: ...
South Africa reduces Eskom debt relief package by a further $1.1 billion
South Africa said on Wednesday that it would reduce its debt relief package for state power utility Eskom by a further 20 ...
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Live South African Rand (ZAR) Exchange Rates
Welcome to the South African Rand exchange rate & live currency converter page. The South African Rand (ZAR) exchange rates represented on this page are live, updated every minute within the ...
South Africa to Remove Luxury Duty on Lower Value Smartphones
PRETORIA (Reuters) - South Africa's government has proposed to remove the luxury excise duty on smartphones worth below 2,500 rand ($136.37) from April 1 to support digital adoption for low-income ...
South Africa Rand Dips as Trump Renews Criticism of Policies
South Africa’s rand weakened after US President Donald Trump renewed his criticism of the country. The currency fell as much ...