Page 21 - The Rand News Today : Breaking News, Live Updates & Top Stories | Vimarsana

April 13, 2021 - Written by James Fuller Despite a lack of particularly strong South African data lately, the British Pound to South African Rand (GBP/ZAR) exchange rate has been struggling to recover from its worst levels since last week. Sterling remains broadly appealing, but was only able to advance more easily after today’s US data weakened market sentiment and made the South African Rand less appealing. Last week saw broad losses for the Pound, and the South African Rand capitalised to knock GBP/ZAR to its worst levels since the beginning of the year. GBP/ZAR opened the week at the l...

South African Rand is looking past the pandemic South African Rand is looking past the pandemic Joe Perry April 1, 2021 5:24 PM The South African Rand has been stronger for much of the last year, and that trend may continue. Share: Last week, the South African Reserve Bank (SARB)  left rates unchanged at a record low of 3.25%.  They said that the path of recovery depends on the pace of vaccine rollout and the path of the ...

March 11, 2021 - Written by Ben Hughes Despite broad optimism that Britain’s economy will gain momentum, the British Pound to South African Rand (GBP/ZAR) exchange rate has been tumbling from its best levels this week. As the South African Rand is bolstered by global sentiment it continues to climb strongly today, and markets now await tomorrows slew of UK data and South African business confidence stats which could still cause a late-week shift in movement. Last week saw GBP/ZAR open the week at the level of 21.05 and dip, before ultimately advancing and closing the week higher in the reg...

Summer fruit eclipsed by the shine of citrus “I definitely expect that demand for citrus is going to be as great as last year and the reason behind that, is Covid,” says Lyndsay Roux of South African fruit exporter FabFresh, noting that the situation is graver than last year, given the more dangerous strain. “The demand for vitamin C is still very strong and it’s been very good for citrus producers. I believe that it’s going to be a very very good year again.” The crop is expected to be big, and demand will be there. Last year, according to the Citrus Growers' Association, South A...

The Automobile Associate (AA) has predicted another steep hike in prices for fuel for the month ahead.