South African rand (ZAR)
5 articles
Abu Dhabi First Bank wins court fight for South Africa entry
A South African court has cleared the way for Abu Dhabi First Bank to pursue a banking license, removing a trademark dispute that blocked its plans and opening a new front for Gulf capital in Africa's financial sector.
Pound Sterling stays above 22 against Rand as rate hike hopes fade
Crédit Agricole expects the South African Reserve Bank to keep its policy rate at 7.25 percent through the fourth quarter. Oil prices remain the main risk, and the Pound to Rand exchange rate holds above 22.00.
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.
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
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