South African rand

International

St. Petersburg Metro Explosion

South Africa's credit rating has been cut to junk status by the ratings agency S&P Global. The agency said that...

International

South Africa’s Credit Rating Has Been Cut To Junk Status

South Africa's credit rating has been cut to junk status by the ratings agency S&P Global. The agency said that...

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South Africa Leaders Divided After President Zuma Sacks Gordhan

South Africa’s Deputy President Cyril Ramaphosa has described the sacking of Finance Minister Pravin Gordhan as...

Headlines

S.Africa’s Popular Former Finance Minister

Pravin Gordhan, who was sacked late Thursday, is liked and admired by many ordinary South Africans -- an unusual...

Headlines

S.African Rand Plunges After Finance Minister Sacked In Reshuffle

South Africa's rand plunged five percent Friday after President Jacob Zuma sacked his finance minister and made ten new...

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Asian Traders Tread Carefully As Quarter Draws To A Close

Asian investors moved cautiously Friday following a Wall Street rally inspired by better-than-expected US economic...

Headlines

S.Africa’s Respected Former Finance Minister

Pravin Gordhan, who was sacked late Thursday, was admired by many ordinary South Africans -- an unusual achievement for...

International

Zuma Plans To ‘oust Finance Minister’

Mr Gordhan has been trying to keep a tight rein on government spending The South African Communist Party (SACP) says...

Headlines

Finance Minister Back In S. Africa On Zuma’s Orders

Finance Minister Pravin Gordhan returned to South Africa on Tuesday after President Jacob Zuma recalled him from a...

International

Zuma Recall of Gordhan ‘major Setback For SA Economy’

Many analysts believe the president wants to replace Pravin Gordhan South Africa's main opposition Democratic Alliance...

International

SA Finance Minister Called Back From London

Pravin Gordhan is seen as a safe pair of hands by the financial markets South African President Jacob Zuma’s...

Headlines

Zuma Orders S.Africa Finance Minister’s Return From UK

South African President Jacob Zuma has ordered his finance minister to return from an overseas investment trip, the...

International

South Africa Budget Targets the Rich

South African Finance Minister Pravin Gordhan has targeted the rich in his annual budget, announcing a new top tax rate...

Headlines

S.Africa Budget Pushes Redistribution Amid Power Struggle

South Africa's finance minister warned Wednesday of "growing impatience and ferment" over post-apartheid inequality and...

Headlines

S.Africa Budget Throws Light On Fractured ANC

South Africa's Finance Minister Pravin Gordhan delivers the annual budget in parliament Wednesday as he battles to...

International

South Africa’s Rand Currency ‘rigged By Banks’

Local and international banks have been accused of rigging the price of South Africa's currency, the rand, by the...

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Banking Giants ‘rigged’ South Africa’s Currency

Seventeen banks have been accused of rigging the price of South Africa’s currency, the rand. The country’s...

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SA Prosecutors Summon Finance Minister, Rand Plunges

South African prosecutors issued Finance Minister Pravin Gordhan with a formal summons on Tuesday in relation to the...

International

SA Finance Minister To Appear In Court As Rand Dwindles

South Africa's Finance Minister Pravin Gordhan says he’s been ordered to appear in court on 2 November in relation to...