South African rand gains after local monthly data releases

The South African rand edged up on Friday after the release of monthly economic data from the central bank, revenue service agency and National Treasury. At 1423 GMT, the rand traded at 17.11 against the dollar,
EWN

PHOSANE MNGQIBISA | Does the G20 Summit Declaration signal a new chapter for MSMEs and South Africa’s township economy?

The summit also reveals geopolitical divides. The U.S. and Argentina have challenged some consensus statements, especially on global health security, climate commitments, and trade disputes. The U.S. boycotted key sessions, which South Africa called "their loss," highlighting the rise of a multipolar world.
The Africa Report

South Africa’s economic stewards face tough 2025 outlook

As South Africa‘s Government of National Unity (GNU) is set to enter its second year in mid-2025, cautious optimism is beginning to take root in Africa’s most developed economy. According to the South African Reserve Bank’s latest monetary policy ...

South African rand softens amid key local monthly data releases

The South African rand softened in early trade on Friday with investors eyeing the release of monthly economic data from the central bank, revenue service agency and National Treasury. At 0708 GMT, the rand traded at 17.
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