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  • Picture: Christa Eybers/EWN

    Rand steady in early trade

    The rand was steady early on Wednesday, after strengthening the previous day on news that President Cyril Ramaphosa had appointed former central bank governor Tito Mboweni as Finance Minister.

  • South African rand.  Picture: Christa Eybers/EWN

    Rand weaker on report Nene asked to be sacked

    The rand was weaker early on Monday, after the 'Business Day' newspaper cited government sources as saying that Finance Minister Nhlanhla Nene had asked President Cyril Ramaphosa to sack him.

  • Picture: EWN

    Rand weakens after World Bank cuts growth forecast

    Investors remain skittish on the rand following the announcement on 21 September of a stimulus programme that will see a reallocation of the budget but does not involve an injection of new cash.

  • Picture: Supplied

    Rand recovers as emerging market slump eases

    The rand remained under pressure as retail price of petrol in South Africa rose by R1 per litre as the weakening exchange rate and increases in the prices of crude oil continues to be the focus.

  • Picture: EWN

    Rand remains under pressure

    The rand remained under pressure as new vehicle sales data for September showed a 1.9% decline on Monday, reflecting weak demand in the economy.

  • Picture: Christa Eybers/EWN

    Rand retreats in early trade

    The currency is expected to trade between R14.0500 and R14.3500 to the dollar on Monday, NKC African Economics wrote in a note.

  • Picture: Christa Eybers/EWN

    Rand gains, in line with emerging markets

    The rand has gained more than 1% since the end of last week, defying expectations that it would see selling pressure after another US interest rate rise.