Rand firms against dollar in early trade

The dollar scale was down 0.3% at 104.35, after reaching a two-decade high at 105.79 in the middle of last week.Read full story ETM Analytics said in an investigation note that the rand’s value agai…

Rand firms ahead of Fed policy meeting

A 50bps hike should see the rand tight from actual levels, while 75bps could see further weakness, Andre Cilliers, Currency Strategist at TreasuryONE said.But marketplaces are now determine in an outs…

South African rand slips to almost four-week low

Emerging market currencies are assailable at the start of the week as U.S. Treasury yields rise and assets tumble.The rand is set to take its cues from global marketplaces in what is a relatively calm…

Rand firms as dollar sinks to a month low

The ZAR has capitalised on broader USD weakness overnight, ETM Analytics said in an investigation note, increase that there was latent for the rand to consolidate further around this stage in the near…

African Bank buys out Grindrod Bank

We’re joined now by Zwele Manyathi, group executive of business banking at African Bank.We looked around and African Bank ended up with this very interesting option at Grindrod.We will have to alrea…

African Bank Ltd to acquire Grindrod Bank in R1.5bn deal

SA revamps processes for oversee troubled botanists Ubank placed under curatorship, Sarb confirms Of the R1.5 billion whole money consideration, R285 million is due to Grindrod for the power of Grindr…