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R22.50 to the dollar by 2018?

A leading economist has painted a bleak picture for the local currency, the rand, against a surging US dollar. Cees Bruggemans, consultant...

Rand flat in early trade

BLOOMBERGPicture: Nadine Hutton Johannesburg – South Africa’s rand was little changed in early Friday trade, barely moving when central bank data showed...

Rand battles to gain traction

REUTERSPicture: Siphiwe Sibeko Johannesburg – South Africa’s rand inched higher against the dollar in early trade on Thursday, just off 14-year lows,...

Rand hits lowest level since 2001

BLOOMBERGPicture: Nadine Hutton Johannesburg – The rand yesterday fell to its weakest since December 2001 on speculation that the US Federal Reserve...

SA’s private-sector output drops

INDEPENDENT MEDIA Johannesburg – Activity in South Africa’s private sector declined in July, with output and new orders contracting the most in...

Rand sinks as economy struggles

REUTERSPicture: Siphiwe Sibeko Johannesburg – South Africa’s rand touched a fresh 14-year low against the dollar on Wednesday amid concerns about the...

Rand vulnerable despite recovery

REUTERSPicture: Siphiwe Sibeko Johannesburg – South Africa’s rand recovered some lost ground against the dollar and its emerging market peers in early...

Emerging stock rout worsens

FREE IMAGES. London – Emerging-market stocks from China to Russia fell as data signaled the slowdown in the two economies is deepening,...

Rand remains under pressure

BLOOMBERGPicture: Nadine Hutton Johannesburg – South Africa’s rand remained under pressure on Monday after the release of weak manufacturing data out of...

Mozambique’s coal boom ends

BloombergA stracker machine loads coal mined to a conveyor belt at Moatize coal mining project in Tete, Mozambique. A lack of capacity...