Last week, the SARB’s rate cut, a soaring dollar and crypto volatility tested markets, but the resilient rand defied global pressures.

The rand weakened steadily last week, showing that global factors often outweigh local positive news.

The South African rand saw big swings last week, driven by Donald Trump’s re-election and eased tensions in the Middle East and Ukraine, but closed nearly unchanged at R17.52 to the dollar.

The rand started the week on a cautious note as markets braced for a busy data calendar and the BRICS summit, both of which could influence its stability.

This week, the SARB held its monetary policy steady, Eskom’s debt loomed, retail sales brought hope and despite ECB turbulence and Middle East tensions, the rand remained resilient.

The South African rand started the week at R17.07 to the US dollar, hitting a 20-month high following a stretch of consistent gains.

Have you ever considered what to do if you aren’t accepted into your dream university? Many South Africans don’t think of Mauritius as a potential study destination, but it has a lot to offer and may be more affordable than you think.

This past week, the rand showed strength and volatility, with the USD/ZAR rate dropping from R17.92 to R17.06 by September 2024.

The European study visa application process can be complicated and time-consuming. It is common for students to make mistakes on their applications which can lead to rejection or delays, both of which can be costly.

The South African rand opened at R17.82 against the US dollar, near its R17.67 support zone. Despite hopes for strengthening, it slipped to R17.92 by Tuesday.

Having a part-time job is a great way for international students to earn extra money and gain valuable work experience.

Last week, the South African rand opened at R17.79 to the US dollar, fluctuating between R18.02 and R17.59, driven by economic data affecting both currencies.

The rand started the week at 17.85 USD/ZAR, fell to 17.69, with improved business confidence and a small rise in industrial production boosting investor confidence.

This week, an attempted assassination of Donald Trump, Joe Biden exiting the presidential race and a global internet outage occurred. Investors shifted to stable currencies, causing the rand to depreciate.

The rand has fluctuated significantly due to international influences this past week. Softer US economic data and US election activities have caused uncertainty about the long-term strength of the US dollar.

The rand sharply dropped by nearly 65 cents against the dollar in the first two days of last week due to weak economic data and increased political interference.

On Monday, the rand strengthened to R18.00 at the opening but closed at R18.32 as the market realized the new government’s policies would take time to drive economic growth.

The rand dropped to R18.23 per USD before rebounding to around R18.10 due to a technical correction and anticipation of President Cyril Ramaphosa’s cabinet appointments.

Throughout the week, the dollar strengthened after hours, but during the South African trading desk time, the rand gained strength and lowered the exchange rate.

The South African rand has exhibited some fluctuation and is currently valued at R18.85 against the US dollar.

The South African rand depreciated to a one-month low of R18.80 per dollar due to a stronger US dollar and ongoing political uncertainty.

The rand demonstrated notable resilience, but ongoing challenges and political uncertainties continue to pose risks.

Do you want to study abroad, but you’re struggling to choose the best destination? Here’s why the UK might be the right destination for you.

Do you want to become a building designer, care worker, engineer, plumber or even cook in Australia? Technical and Further Education (TAFE) courses provide the chance to acquire practical skills and potentially secure employment in Australia, which can lead to settlement.

As the elections approach, the rand might struggle to make further gains as the market assesses what the election results mean for national coalition politics.

The South African rand gained strength recently due to a weaker US market and conservative policies of the South African Reserve Bank.

The South African rand fell sharply, driven by “risk-off” sentiment amid ongoing Middle East conflict and fears of escalation.

The South African rand increased significantly the past week. This was due to a weaker USD and a robust gold price.

Last week, the South African rand (ZAR) stayed stable, fluctuating between R23.75 and R23.95 against the British Pound. More in the following report.

The Rand’s strength was fueled by rising gold prices, a weaker US Dollar, and slight improvements in the South African economy.

There were plenty of familiar – and famous – faces spotted along the route of Sunday’s Cape Town Cycle Tour.

This week, the South African Rand sharply declined against major currencies due to negative market reactions following the national budget.

The Rand exhibited resilience by surpassing R19.05 against the US Dollar (USD) and exceeding R24 against the British Pound (GBP).

The South African Rand depreciated more against a majority of currencies, including those from both emerging and developed nations.

The South African Rand has fluctuated around 3% since last Tuesday, currently resting at R18.85 against the US Dollar.

The Rand ended December 2023 on a relatively positive note, concluding at R18.28 against the US Dollar and R23.29 against the British Pound.

Studying abroad combines education with global exploration, offering a valuable opportunity for personal and career development. Consider these compelling reasons.

As a South African tax resident, SARS taxes your global assets, but as a non-resident, only South African-sourced assets are taxed.

The rand continues its woeful performance against almost all traded currencies and has continued to be a standout underperformer.

The rand has been the black sheep of the emerging-market currencies – plagued by load-shedding and troubles with state-owned enterprises.

It’s good news if you’re a South African looking to secure a golden visa. Here’s what you need to qualify and where you can go.

Tax-battered wealthy South Africans, hoping to protect their retirement income are retiring to Portugal for six months a year on the country’s Non-Habitual Residence (NHR) programme, with its attractive 10-year tax break.

Immigrating takes its toll on family structure when South Africans choose to make Australia their new home and leave behind aging parents. A new visa announced by the Australian Department of Immigration and Border Protection will give families an opportunity to re-unite.

The Royal Commonwealth Society, with its supporting partners, visited 10 Downing Street to submit a public petition on restoring visa-free travel for South Africans visiting the UK.

So, your beloved partner lives in the UK and you’d like to join them. Well here’s some good news: If you’re in a relationship with an Ancestry visa holder, EU citizen or UK citizen, you will be able to move to the UK and live with them. There are various criteria and qualifications, but most of them are simpler than you think.

We are delighted with the response to our campaign calling for the restoration of visa-free travel for South Africans to the UK. Over 8,500 people have signed the petition already and we are close to our first major milestone of 10,000 signatures. We launched in early November to a packed crowd with SABC News covering […]

As South Africans, there are numerous benefits to financial emigration.

Interested in knowing if you are eligible for Irish nationality? Below are some routes to gain nationality and ways you can go about getting it.

Mark Jankovich spent 15 years working in the City in financial services and will be talking at a business breakfast hosted by the SA Chamber of Commerce and Sable Group.

National Treasury announced significant relaxation of exchange controls in the national budget in February this year, but according to Sable Forex MD, Andy Rissik, the paperwork demands are still an obstacle to moving money in or out of South Africa.

Join CEO of Saracens, Edward Griffiths, at this year’s SA Business Awards, along with executives from the Chamber of Commerce and the London African Gospel Choir.