Alexander Winning

Johannesburg

Deputy Breaking News Editor, Sub-Saharan Africa at Reuters

Deputy breaking news editor, Sub-Saharan Africa @Reuters. [email protected]

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Articles

South African Inflation Slows Sharply in March

3 weeks ago | gurutrade.com | Bhargav Acharya |Sfundo Parakozov |Alexander Winning

JOHANNESBURG, April 23 (Reuters) - South Africa's headline consumer inflation fell more sharply than expected in March, to 2.7% year on year from 3.2% in February, data from the statistics agency showed on Wednesday. Economists polled by Reuters had forecast annual inflation would slow to 2.9%, just below the bottom of the South African Reserve Bank's 3% to 6% target range.
S.African Rand Recovers Further on Bets Coalition will Hold

1 month ago | gurutrade.com | Tannur Anders |Alexander Winning |Ros Russell

JOHANNESBURG, April 15 (Reuters) - The South African rand extended gains in early trade on Tuesday, bolstered by bets that the country's coalition government will remain intact despite disagreements over the budget. At 0725 GMT the rand traded at 18.84 against the U.S. dollar , about 0.4% firmer on the day. The rand fell to a record low last Wednesday on risk aversion over U.S. President Donald Trump's trade war and concerns that South Africa's national unity government could split.
South Africa's Rand Gains on Report ANC may Scrap VAT Hike

1 month ago | gurutrade.com | Tannur Anders |Alexander Winning |Bernadette Baum

JOHANNESBURG, April 14 (Reuters) - The South African rand strengthened on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar weakness on global markets. At 0845 GMT, the rand traded at 18.9150 against the dollar , about 1.2% firmer than Friday's closing level.
ZAR Recovers some Ground with Coalition's Future Focus

1 month ago | gurutrade.com | Sfundo Parakozov |Wendell Roelf |Alexander Winning |Alex Richardson

JOHANNESBURG, April 8 (Reuters) - South Africa's rand strengthened in early trade on Tuesday, recovering some of the ground it lost a day earlier, with the future of the country's multi-party government the main focus. At 0706 GMT, the rand traded at 19.44 against the dollar , 1% firmer on the day after falling about 2.7% on Monday.
South African Rand Hits Lowest in over a Year, Stocks Slide

1 month ago | gurutrade.com | Sfundo Parakozov |Alexander Winning |Joe Bavier

JOHANNESBURG, April 7 (Reuters) - The South African rand slumped to its weakest in well over a year on Monday and local stocks extended their recent slide as global recession fears mounted over U.S. President Donald Trump's sweeping tariffs. At 0815 GMT, the rand traded at 19.4025 against the dollar , down 1.5% on Friday's closing level after earlier touching its weakest since October 2023.
S.African Rand Extends Drop on Tariffs and Local Politics

1 month ago | gurutrade.com | Sfundo Parakozov |Alexander Winning |Elaine Hardcastle

JOHANNESBURG, April 4 (Reuters) - The rand fell further on Friday as investors worried about the impact of U.S. President Donald Trump's sweeping tariffs and the future of South Africa's coalition government. At 0840 GMT, the rand traded at 19.1225 against the dollar , down about 2% on Thursday's closing level and its weakest since mid-January. The South African currency has fallen more than 3% against the dollar this week, with bigger losses against currencies like the euro and pound.
South African Rand Falls on Budget Wrangling, Trump Tariffs

1 month ago | gurutrade.com | Sfundo Parakozov |Alexander Winning |Joe Bavier

JOHANNESBURG, April 2 (Reuters) - The South African rand fell in early trade on Wednesday as political wrangling over the country's contested budget continued and investors braced for U.S. President Donald Trump's tariff plans later in the day. At 0730 GMT, the rand traded at 18.57 against the dollar , roughly 0.3% weaker than its previous close.
Kenya Airways records profit after more than a decade of losses

1 month ago | bizcommunity.co.ke | George Obulutsa |Alexander Winning |Alison Williams |Duncan Miriri

2 days7 days30 daysBy Industry Advertise your job vacancies Kenya Airways said on Tuesday that it had made a pretax profit last year after more than a decade of losses, helped by foreign exchange gains. Kenya Airways planes are seen through a window at the Jomo Kenyatta international airport in Nairobi, Kenya, 1 August 2020.
南ア中銀、政策金利据え置き関税や予算巡るリスクを考慮

1 month ago | jp.reuters.com | Sfundo Parakozov |Kopano Gumbi |Alexander Winning

南アフリカ準備銀行（ＳＡＲＢ、中央銀行）の金融政策委員会（ＭＰＣ）は２０日、政策金利のレポ金利を７．５０％に据え置くことを決定した。２０２２年１１月撮影（２０２５年ロイター/Siphiwe Sibeko）［プレトリア２０日ロイター］ - 南アフリカ準備銀行（ＳＡＲＢ、中央銀行）の金融政策委員会（ＭＰＣ）は２０日、政策金利のレポ金利(ZAREPO=ECI), opens new tabを７．５０％に据え置くことを決定した。前回まで３回連続で利下げを決定していた。ロイターがまとめた市場予想と一致した。インフレは抑制されているものの、米政権の関税措置や、南アの予算を巡るこう着状況などに起因するリスクを見極める必要があるとして、利下げサイクルを一時停止した。４人の政策委員が据え置きを支持し、２人は２５ベーシスポイント（ｂｐ）の引き下げを主張した。クガニャゴ総裁は記者会見で「世界経済は安定していない。国内にも不透明感があり、慎重なアプローチが必要だ」と述べた。...
South Africa pauses rate cuts as trade and budget risks overshadow low inflation

1 month ago | streetinsider.com | Sfundo Parakozov |Kopano Gumbi |Alexander Winning

1. FIVE2. ORCL3. NVDA4. WSM5. PDD6. SPY7. DRI8. GIS9. PRA10. OPTN Tweet Share E-mail0 shares FILE PHOTO: The logo of South Africa's central reserve bank is seen during the delivery of a keynote address by South Africa's central bank governor, Lesetja Kganyago, at the University of the Witwatersrand in Johannesburg, South Africa, November 1, 2022.