Rand report: ZAR strength returns to the market

This came at the end of a week where the ZAR had already appreciated 1.7%, leaving it approximately 3% stronger by the close of play on Friday.. Over and above this downside move by the USD, there been a general move towards…

Meet Letlhogonolo Motseeng, the brain behind Moja Chicken

Even though Letlhogonolo Motseeng had experience in sales and marketing, he had to face many hardships that are commonplace amongst budding South African entrepreneurs.. The businessman said his love for poultry started from…

Clicks to acquire Pick n Pay’s pharmacies

South African pharmacist Clicks said on Monday it planned to acquire 25 in-store pharmacies, their drug stocks and staff from retailer Pick n Pay .. In a joint statement the companies said the sale, subject to regulatory…

Rand strengthened to its strongest level in 16 months

The rand has strengthened to its strongest level against the dollar in 16 months, currently trading at R14.05 to the dollar.. This is mainly due to a weaker dollar after the US jobs report for April was weaker than expected…

African nations gear up to polish image at Dubai Expo

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