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Rand now see-saws to gain 1.4% against the dollar
September 7, 2018--The rand has been a tough challenge for market watchers to predict this week, at one point threatening to break R16.00/$.
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Source: FIN24
Retailers and financials get a lift from the firmer rand
September 6, 2018--The JSE closed firmer on Thursday led by retailers and financials which rebounded on the back of the firmer rand.
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Source: FIN24
Rand firms by 1%, still in 'treacherous terrain'
September 6, 2018--The local currency is still facing the twin pressures of SA's technical recession and broad emerging market weakness, says Bianca Botes of Peregrine Treasury Solutions.
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Source: FIN24
Rand crashes through R15.50/$-has lost 6.5% this week
September 5, 2018--The local currency's bad week shows no signs of stopping.
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Source: FIN24
South Africa: Economy Slips into Technical Recession as GDP Drops
September 4, 2018--African economy slipped into recession during the second quarter of 2018, shrinking by 0,7% quarter-on-quarter (seasonally adjusted and annualised).
This followed a revised 2,6% contraction in the first quarter of 2018.
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Source: allafrica.com
JSE weaker as SA slips into recession
September 4, 2018--The JSE fell on Tuesday after data released by Statistics SA showed that South Africa's GDP contracted for a second consecutive quarter.
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Source: FIN24
Rand piles on losses as SA enters recession
September 4, 2018--The rand fell on the back of Stats SA's announcement that the country's real gross domestic product had contracted by 0.7% in the second quarter of the year.
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Source: FIN24
SA in technical recession as second quarter GDP falls
September 4, 2018--South Africa is officially in a technical recession, after Stats SA announced on Tuesday that the country's real gross domestic product had decreased by 0.7% in the second quarter of the year.
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Source: FIN24
JSE struggles for direction as trade concerns dim optimism
September 3, 2018--The JSE got off to a cagey start as global markets struggled to find direction amid the trade war escalations.
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Source: FIN24
Rand starts week on back foot
September 3, 2018--Emerging market currencies are gearing up for economic news out of Turkey, while on the local front SA will learn whether it has entered a technical recession on Tuesday.
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Source: FIN24