Mar 25th, 2014
by Raheem Oluwafunminiyi Without consulting any particular school of thought or institutionalized framework of opinion, an observation this writer has made over the years on the socio-economic disequilibrium rampant in most developing countries of Africa is a reason which has informed this piece. The...
May 31st, 2012
South Africa’s rand hit a fresh six month low against the dollar early on Thursday before recouping some of its losses but could resume a slide towards 8.6 as Europe’s debt woes drive investors away from emerging market assets to perceived safer havens. The local unit fell to 8.58 to the ...
Dec 30th, 2011
South Africa’s rand held steady against the dollar in early trade on Friday but was set to end 2011 as one of the worst-performing currencies of the year, suffering a whiplash reaction from investors spooked by Europe’s debt crisis. The rand was at 8.17 to the dollar at 0640 GMT, not far ...
In Press Releases
Dec 20th, 2011
OHANNESBURG, South-Africa, December 20, 2011/African Press Organization (APO)/ — Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will visit South Africa from January 5¬-7, 2012. Ms. Lagarde will meet with the Presidency, the key economic ministers, as well as ...
Sep 5th, 2011
South Africa’s rand started the week on the back foot against the dollar in early Monday trade, as the euro came under pressure and a bleak outlook for commodity-linked currencies clouded an already dim global growth picture. The rand is expected to come under heavier pressure as the week wears...