South Africa's assets gain
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South Africa's Vodacom Group said on Friday its proposed acquisition of a 30% stake in fibre network operator Maziv could value the target company at up to 36 billion rand ($2 billion) after agreeing revised terms.
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The South African on MSNRoland Schoeman accuses Cyril Ramaphosa’s ANC of looting ‘a trillion rand’ in scathing tweetSA Olympic gold medallist Roland Schoeman has accused President Cyril Ramaphosa and the ruling ANC of looting “over a trillion rand”.
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Briefly on MSN"Imagine If You Didn’t Steal Over a Trillion Rand": Roland Schoeman Slams Ramaphosa and ANCFormer Olympian Roland Schoeman criticised President Ramaphosa and the ANC in a tweet, sparking mixed reactions from South Africans on social media.
The South African rand was steady for most of Wednesday's trading session, even after retail sales data that came in weaker than expected by economists polled by Reuters.
Committing to swim one metre for every rand raised, Neser received 42,000 rand and swam 42km in an outdoor pool at his club in Barcelona. Read more at straitstimes.com. Read more at straitstimes.com.
The USD/ZAR exchange rate rose to 17.86 on Tuesday as investors reacted to Donald Trump’s trade war with South Africa
Petrol price recoveries are holding firm, but diesel drivers could be facing even more trouble in the months ahead as global supplies come under pressure.
The South African rand was softer in early trade on Monday as investors mulled over US President Donald Trump's latest tariff threats. At 0627 GMT the rand traded at 17.96 against the dollar, about 0.
The South African rand was little changed in early trading on Wednesday, before the release of the country’s retail sales data later in the day. At 0659 GMT, the rand traded at 17.89 against the dollar ZAR=D3,
South Africa's Valterra Platinum expects to report a sharp fall in first half profit by as much as 88% due to lower output and sales as well as one-off costs related to its demerger from Anglo American Plc group,