South African Rand News Directory

Jacob Zuma's resignation is significant but much still rests on whether the Treasury can use next Wednesday’s budget statement to set out a credible plan for bringing down South Africa’s budget deficit.

February 16,2018

As the ANC moves for a no confidence vote in parliament, President Jacob Zuma is playing for a July departure. That may be too long for markets, and ratings agencies, to wait. Further updates to come.

February 14,2018

A changeover at the top of is the minimum international markets have come to expect if South Africa’s finances and politics are to be reformed in a way that is conducive to a recovery from years of economic malaise.

February 13,2018

South African politics is likely to be the main driver of the pair with an appreciation of the Rand likely if president Zuma is ousted from power.

February 12,2018

"At present it looks as if the era Zuma was finally nearing its end, which would of course be good news for the rand," - Antje Praefcke, Commerzbank.

February 7,2018

The South African Rand still looks poised for more gains versus the Pound in the coming week as a compelling bearish pattern forms on the weekly chart.

February 5,2018

“FX returns could be front-loaded if the presidency changes hands in the next few weeks and a rating downgrade is avoided,” Zach Pandl, global co-head of foreign exchange at Goldman Sachs.

February 2,2018

A bellwether of how entrenched President Jacob Zuma is will come on February 08, at the The State of The Nation address, while February's budget statement is a hard deadline for change.

February 1,2018