South Africa

6 articles

Ten Gold Table Mountain Coins Set New Scarcity Benchmark

Monnaie de Paris has minted just ten 10-ounce gold coins featuring Table Mountain, launching a UNESCO World Heritage series that redefines rarity for collectors and highlights South Africa's botanical heritage.

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Rare Coins and Historic Currencies Headline Global Auction in California

A four-day auction in Santa Rosa will see over 3,400 rare coins and banknotes cross the block, including a Mughal rupee with only four known examples and a 50-tael Chinese sycee. Collectors and investors are watching for record bids.

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South African Rand Slides as Manufacturing Confidence Hits 2026 Low

The South African rand weakened against the US dollar after a key survey showed manufacturing sentiment deteriorated in August, raising questions about the outlook for business activity and the broader economy

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UnionPay Expands E-Commerce Payments in Nine African Countries

UnionPay International and Standard Bank have extended their partnership to enable nearly 900 merchants in nine African markets to accept online payments in local and US dollars, broadening payment options for businesses and consumers.

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South African Rand Holds Near Five-Month High Despite Weak Data

The South African rand maintained its strongest position against the US dollar since March, even as local joblessness rose and factory output fell, with global monetary policy expectations driving currency sentiment

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BRICS Weigh Cross-Border Payment Links and Digital Currency Integration

BRICS countries are considering ways to connect their fast payment systems and central bank digital currencies, aiming to lower cross-border transaction costs and improve efficiency for businesses and consumers

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