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New: Rand weakens after CPI data

31 December 2015 By admin

Rand weakens after CPI data At 11.28am the rand was at R14.6252 against the dollar from a previous close of R14.5972. It firmed to R14.54 on Wednesday morning after falling to a record low of R14.70/$ on Tuesday. Against the euro the rand was at R15.9866 from R15.8984 and at ... Read more on Times LIVE Rand at worst-ever levels against the dollar The South … [Read more...] about New: Rand weakens after CPI data

South Africa's Rand Falls to Record Low After Finance Minister's Dismissal – SA in the News

31 December 2015 By admin

South Africa's Rand Falls to Record Low After Finance Minister's Dismissal The currency's drop came as yields on South African government debt surged and the country's FTSE-JSE All-Share index fell 1.9%. The past week's declines compound the troubles of an economy hit hard by a downturn in commodity prices and its inability ... Read more on Wall Street … [Read more...] about South Africa's Rand Falls to Record Low After Finance Minister's Dismissal – SA in the News

South African Rand on Cusp of Record Lows After Rating Agency Assessments

30 December 2015 By admin

South African Rand on Cusp of Record Lows After Rating Agency Assessments However, there is also speculation the South African Reserve Bank (SARB) will hike interest rates to 6.50% at its next rate meeting on the 29th of January in order to prop up demand for the rand, as it once again widens the interest rate differential ... Read more on Pound Sterling Live South … [Read more...] about South African Rand on Cusp of Record Lows After Rating Agency Assessments

South Africa: Free State Teen in Stable Condition After Cape Cobra Bite

30 December 2015 By admin

South Africa: Free State Teen in Stable Condition After Cape Cobra Bite A 17-year-old girl bitten by a snake on a Free State farm is in a stable condition in a Bloemfontein hospital. The Cape Cobra bit Ané Meyer on the shoulder while she was sleeping on her family's farm, Merino, outside Bloemfontein, on Tuesday, her ... Read more on AllAfrica.com FreeState Legal … [Read more...] about South Africa: Free State Teen in Stable Condition After Cape Cobra Bite

Tensions rise in Masiphumelele after shack demolitions

18 December 2015 By admin

The approximately 300 demonstrators handed a memorandum to Purchase, demanding land to build their shacks. There was a large law enforcement contingent waiting for the protesters at the Fish Hoek municipal offices. Read more on: News … [Read more...] about Tensions rise in Masiphumelele after shack demolitions

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