Montegray Capital chairman Michael Jordaan said this week that South Africa has more important short-term priorities.

South Africa's rand slipped on Wednesday, after data showed U.S. consumer prices rose more than expected last month, raising ...

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. EVENTS: Mauritius’ central bank ...

President Donald Trump officially brings back plastic straws and says paper alternative can 'explode.' Moment Representative ...

GEOQUIZ: The rand is the official currency of which country? Answer: South Africa. A rand is divided into 100 cents. The largest coin is worth 50 rand, and banknotes are valued from 10 to 200 rand.

In times of financial difficulty with the threat of war looming, money is often taken out of traditional forms of investment ...