Rand slumps to 3-week low as economic growth fears intensify - Moneyweb.co.za

JOHANNESBURG – The rand slipped to its weakest in three weeks on Friday as a recovering dollar and a warning by the finance minister that the country may need outside financial assistance to get out of an economic spiral weighed heavily on sentiment.

S.Africa's rand slumps to 3-week low as economic growth fears intensify - Nasdaq

... * Currency hit by cocktail of local and international factors * Stocks lifted by rand hedges (Adds latest details, analyst comments) JOHANNESBURG, June 30 (Reuters) - South Africa's rand slipped to its weakest in three weeks on Friday as a ...

South Africa's trade surplus grows to 9.49 billion rand in May - Reuters Africa

JOHANNESBURG, June 30 (Reuters) - South Africa's trade surplus grew to 9.49 billion rand ($727 million) in May following a revised 4.97 billion rand surplus in April, data from the revenue agency showed on Friday. Exports rose 15.4 percent to 105 ...

South African Rand Weakens Against the Pound After Emerging Market Exodus - Pound Sterling Live

The South African Rand weakened versus the Pound on Friday after emerging markets fell out of favour with investors, and political risks dominated the horizon. Surprisingly high levels of growth in the US, which saw GDP Q1 results revised up to 1.4 ...

Rand rout on the cards as Citigroup, Morgan Stanley's bearish bets stack up - BizNews

The rand has gained 3.1 percent against the dollar since the end of March as the country's relatively high yields continued to attract buyers. South African 10-year government bonds yield 8.7 percent, second only to Turkey among 28 developing nations ...

Zuma says South Africa could miss 2017 economic growth target - Daily News & Analysis

South Africa's economy will likely fail to meet the 1.1 percent annual growth targeted by the government, President Jacob Zuma told delegates at the ruling African National Congress' policy conference on Friday. Data in June showed the continent's most ...

South Africa's rand weaker as demand for emerging currencies wanes - Times of India

JOHANNESBURG, June 30 (Reuters) - South Africa's rand weakened further in early trade on Friday as a breach of key technical levels triggered short selling by offshore investors weary of local politics and betting the U.S. economy is on the mend and ...

South Africa's credit growth rises to 6.69 percent in May - Reuters Africa

JOHANNESBURG, June 30 (Reuters) - South Africa's private sector credit demand growth rose to 6.69 percent in May from 5.9 percent in April, central bank data showed on Friday. Expansion in the broadly defined M3 measure of money supply also ...

South African Markets - Factors to watch on June 30 - Times of India

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday. ECONOMIC EVENTS. - South Africa money supply and credit data (0600 GMT) and ...

South Africa's rand slides ahead of ANC conference, stocks down - Reuters

South African Rand coins are seen in this photo illustration taken September 9, 2015. REUTERS/Mike Hutchings/Illustration/File Photo. JOHANNESBURG South Africa's rand weakened on Thursday as better than expected growth in the U.S. wobbled ...

Pound to Rand Forecast: Is a BoE Interest Rate Hike due in 2017? - Future Currency Forecast

The Pound has recently made a 0.5% gain against the South African Rand, which puts the GBP ZAR exchange rate near the best in a month. Sterling could advance further against the Rand in the future, if recent forecasts about the Bank of England (BoE) ...