Rand firmer as trade talk hopes rise, stocks edge up
Business
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Rand firms on falling dollar, stocks up
Investors’ appetite for riskier currencies was boosted on Friday after Chinese data showed exports rebounded last month.
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Rand falls on firm dollar, weak data
Stocks declined, led by gold miners, as the price of the yellow metal dropped.
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Rand crosses 14.00 threshold, stocks gain
The last time the rand traded below R14.00 was on 27 February.
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IMF trims SA's economic growth forecast to 1.2%
South Africa has seen growth stagnate in the decade since the world’s financial crisis, with policy missteps under former President Jacob Zuma making worse global conditions.
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#RandReport: Rand weakens slightly, resources lift stocks
At 1515 GMT the rand was 0.18% weaker at 14.1150 per dollar compared to a close at 14.0900 on Friday.
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Moody’s SA rating delay welcomed amid fears of weaker rand
Economist Goolam Ballim said that the upcoming elections will be defining for South Africa's investment market depending on the outcome.
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Consumers to dig deeper into pockets as electrity tariff, fuel price hikes hit
Experts are warning that the tough economic times may lead to more uncertainty about the country's investment market.
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Busa: Moody’s rating delay gives SA chance to improve on policy reforms
Moody’s Investors Service was expected to release its rating on Friday evening but opted to postpone the announcement.
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Oil price spike and weakening rand feed massive fuel price hike
Economists have warned that fuel price and electricity tariff increases are likely to create fertile conditions for investor uncertainty.
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DA seeks answers from Moody’s over skipping SA rating review
The DA says Moody’s decision could lead to more uncertainty in the country’s investment market.
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Moody’s delays publishing SA ratings review
South African markets on Friday were on edge over the impending review, with some economists fearful that a power crisis will cost the country its last investment-grade rating.
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South Africa sweats ahead of Moody's credit rating decision
Moody’s Investors Service is on Friday evening expected to make an announcement on South Africa’s credit rating.
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JUDITH FEBRUARY: Why South Africans need to take The Long View
Judith February says the need to take The Long View does not come easily in a world in need of quick fixes and where 24-hour social media demands immediate solutions.
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Davies hopes Moody's will cut SA some slack with credit rating
Trade and Industry Minister Rob Davies says that he hopes that Moody's will recognise government's efforts to rebuild the economy.
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CARTOON: Cyril's Skorokoro
By Dr Jack & Curtis.
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The markets will be fine as long as Cyril Ramaphosa remains president - analyst
Bruce Whitfield interviews Dr Adrian Saville, CEO of Cannon Asset Managers, and professor Chris Malikane of the University of Witwatersrand, on the upcoming Moody's ratings review of South Africa.
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SA will overcome load shedding like apartheid, says Ramaphosa
South Africans have expressed frustration as Eskom battles to keep the lights on with stage 4 load shedding currently in place and is expected to last until 11pm.
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SA’s FDI inflows reach five-year high in 2018
Africa’s most industrialised economy has barely grown in the past decade with fiscal missteps and corruption contributing to weak business and consumer confidence.
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Load shedding will hurt SA's economic growth, say economists
While economists and business leaders agree that it is difficult to quantify exactly how much turnover has been lost by business due to load shedding, there is consensus that the amount runs into billions of rands.
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#RandRreport: Rand firms as trade optimism lifts emerging markets
Analysts expect the rand to remain volatile as it reacts to global factors and concerns over the domestic economy.
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#RandReport: The rand falls after poor data; equities flat
At 1510 GMT the rand traded at 14.4850 per dollar, 0.5% weaker than its previous close.
