Good news for the rand
The rand’s show of resilience this year has not been a fluke, with the unit not only gaining against the dollar but other major currencies as well.
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The rand’s show of resilience this year has not been a fluke, with the unit not only gaining against the dollar but other major currencies as well.
Managed correctly, good debt is an investment in the future of your business.
Bradley Fried was a bored accountant in Cape Town until one phone call with Wall Street legend John Wolfensohn changed his life.
The new 37,000 sqm Jumbo Mall is in the final months of construction and should open in the first quarter of 2026.
The rand’s performance against the US dollar could take a hit amid the US government shutdown.
The rand’s recent strength against the US dollar has more to do with the developments in the US than any improvements in South Africa.
The bank described the development as another significant milestone in the liberalisation and transformation of South Africa’s energy sector.
Meat prices in South Africa continue to be elevated, and while economists expect inflation to cool for the last few months of the year, don’t expect prices to reverse any time soon.