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$ = R 9.55
£ = R 14.4
= R 12.35
Oil = $ 101.29
Gold = $ 1383.4
Last Update:
17:50 23 May 13

Rand now in a freefall

The rand, the worst performing emerging market currency in 2013, fell for the 11th straight session over concerns on labour unrest and SA's current account deficit.

'Zuma right on salary hike'

<i>Sxc.hu</i>Jacob Zuma's decision to increase the salaries of magistrates by 5% stayed in place, the Concourt said.
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  • Amcu is intimidating us! - NUM

    National Union of Mineworkers general secretary, Frans Baleni. <i>Sapa</i>NUM is losing members in Rustenburg because workers are being intimidated into join rival union Amcu.
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  • Weaker rand fans inflation

    South African Reserve Bank governor, Gill Marcus. <i>Sapa</i>Higher inflation and a weaker rand have all but sunk hopes of interest rates cuts in the months ahead.
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  • Rand now in a freefall

    The rand, worst performing emerging market currency in 2013, fell for the 11th straight session.
  • comment on this story ›