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  • FILE: The rand firmed against the dollar on Tuesday, taking impetus from benign US inflation numbers and reports that striking metalworkers were mulling a new wage deal to end a three-week stoppage. Picture: EWN.

    Rand on steady footing after US inflation

    The rand strengthened to a 3-week high after US consumer price inflation rose by just 0.3 percent in June.

    2897 days ago
  • FILE: Numsa members in Cape Town take part in a march marking the start of a national strike on 1 July 2014. Picture: EWN.

    Strikes remain a concern for the rand

    The local currency was slightly weaker against the dollar, staving off bigger losses due to a US holiday.

    2915 days ago
  • The South African rand. Picture: Craig Wynn/EWN.

    Rand slumps to two month low

    The currecy fell more than 1% to its weakest in two months against the dollar on Monday.

    2946 days ago
  • At 1527 GMT the rand traded at 10.3290 to the dollar, down 0.24 percent from Tuesday’s New York close.

    Weak sales data weighs down rand

    Investors are also keeping a nervous eye on the four-month old Platinum wage strike.

    2966 days ago
  • The rand fell to 10.3735 to the dollar at 1557 GMT, off a 10.3445 close in New York on Friday.

    Rand, govt bonds retreat

    The rand fell to 10,3735 to the dollar at 1557 GMT, off a 10,3445 close in New York on Friday.

    2968 days ago
  • A strengthening US economy and tensions in eastern Europe look set to maintain rand weakness.

    US data & Ukraine crisis hurting rand

    A strengthening US economy and tensions in eastern Europe look set to maintain rand weakness.

    2986 days ago
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FILE: The owner’s wife Vuyokazi Ndevu was served with the papers confirming the closure of their businesses which is now a crime scene. Picture: Nhlanhla Mabasa/Eyewitness News

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