Africa ETP News
you are currently viewing::South African rand extends losses before local economic releasesSeptember 29, 2026--The South African rand extended the previous session's losses in early trade on Tuesday as higher oil prices weighed on sentiment, while investors waited for domestic economic data for clues on the health of Africa's largest economy. At 0625 GMT the rand traded at 16.43 against the dollar, about 0.1% softer than its previous close. The US dollar was steady against a basket of currencies, while oil prices rose for a second successive session amid lingering concern over Middle East supply disruption. The South African Reserve Bank is expected to release its quarterly bulletin at around 0800 GMT, offering insight into second-quarter foreign direct investment and portfolio flows.
Source: cnbcafrica.com |
South African business confidence edges up in May after April slump
June 30, 2026--In May the Johannesburg Stock Exchange (JSE) announced new rules designed to ensure more stringent oversight of how brokers and trading firms deploy "algo-trading" techniques on the exchange.
Chaka Launches Hisa, Rebrands Investment Platform
June 23, 2026--Chaka Technologies Ltd has launched Hisa, a new investment application that replaces the company's existing Chaka trading platform and introduces a range of new features aimed at making investing more accessible for retail users.
