The South African rand moved below R14 to the dollar on Monday morning (10 May), as it benefited from strong commodity prices, subdued US jobs data, and positive local news.
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The Rand is on a roll this week, gaining significant ground on the US Dollar. Here's what is driving the encouraging exchange rate trend.
The South African Revenue Service (SARS) has published its tax statistics for the 2020 financial year, providing a breakdown of what the average taxpayer looks like in South Africa.
The state of South African consumers' personal finances continued to improve during the first quarter of 2021 (Q1 2021) on the back of a recovery in the income of especially middle- and higher income
The new Recovery Loan Scheme was launched on 6 April 2021. It allows businesses of any size to access loans and other kinds of finance.
Coming out of lockdown has people spending more, which will start to show a negative impact on the economy with many declaring insolvency.
It is no secret that South Africa has serious economic challenges, and chief amongst these is that the government is struggling to stabilise public debt, says deputy finance minister David Masondo.
Credit rating agencies Moody's Investor Services and S&P Global Ratings are expected to release their rating reviews on 7 May and 21 May respectively, with Nedbank analysts warning that further downgr
The South African Revenue Service (SARS) has formally established a high-wealth individuals unit as it aims to improve compliance amongst wealthy South Africans.
The City of Cape Town approved a R4 billion expansion project in the canal district of the V&A Waterfront. It is the third such approval in recent weeks.
Believe it or not, more than a dozen people on this planet have at least R1 trillion in the bank - here's our updated list of 'rand trillionaires'.