South African rand slips

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. At 0710 GMT,
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 Africa Weighs Budget Changes as Parties Reject Tax Hikes
South African Finance Minister Enoch Godongwana may have to make changes to the national budget after parties that control more than half the seats in parliament rejected his plans to raise taxes.
South African rand softens, focus on local budget this week
South Africa's rand was slightly weaker on Monday as investors awaited a national budget speech later this week and markets kept an eye on U.S. foreign policy developments.
South Africa Budget: South Africa's VAT hike plan faces strong opposition, budget remains stuck
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 revised budget sparks anger despite smaller tax hike
South Africa's finance minister unveiled Wednesday a budget with a smaller increase in value-added tax than previously proposed, but the move was still rejected by trade unions who say any rise in taxes that will have a negative impact on the country’s poorest is unacceptable.
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 African rand jumps as gold high boosts commodity-backed currency
South Africa's rand gained on Friday due to record high gold prices that were driven by investors seeking safe haven assets ...
BusinessTech3d
Warning signs for South Africa’s economy, and Motsoaledi receives bad news
Here are five other news stories making waves in South Africa today: ...
Exchange Rates3d
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
South Africa's government has proposed to remove the luxury excise duty on smartphones worth below 2,500 rand ($136.37) from ...
BusinessTech19h
South Africa bans cannabis and hemp products, and Eskom maintenance lie
Here are five other news stories making waves in South Africa today: ...
South Africa plans to spend more on health and defense after the US cuts aid
Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...
CNBC Africa2d
South African rand opens weaker before budget showdown
South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration/File photo JOHANNESBURG, March 12 (Reuters) – The South African ...
Forbes5d
Convert South African Rand To Botswanan Pula
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South African Lender Absa Forecasts Mid-Single Digit Revenue Growth
JOHANNESBURG (Reuters) - South African lender Absa Group on Tuesday posted a 10% rise in annual profit from a year earlier ...