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3 weeks ago | 
sowetanlive.co.za | Sfundo Parakozov |Gulshan Khan
President Cyril Ramaphosa will travel to the US on a working visit next week and will meet US President Donald Trump on May 21, Ramaphosa's office said in a statement late on Wednesday. “President Ramaphosa will meet President Donald Trump at the White House in Washington DC to discuss bilateral, regional and global issues of interest,” the presidency said. “The president's visit to the US provides a platform to reset the strategic relationship between the two countries,” the statement added.
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3 weeks ago | 
zawya.com | Sfundo Parakozov |Alexander Winning |Mark Potter
JOHANNESBURG: South Africa's rand slipped on Tuesday after data showed the country's unemployment rate rose in the first quarter of this year. At 1513 GMT, the rand traded at 18.355 against the dollar , about 0.6% weaker than its previous close. South Africa's official unemployment rate - one of the highest in the world - rose to 32.9% from 31.9% in the final quarter of last year. Unemployment has been on the rise since 2016 and has been stuck above 30% for the past five years.
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3 weeks ago | 
today.westlaw.com | Tim Cocks |Sfundo Parakozov |Don Durfee |Catherine Schenck
WASHINGTON/JOHANNESBURG (Reuters) -The Trump administration on Monday welcomed 59 white South Africans it has granted refugee status in the U.S. for being deemed victims of racial discrimination, a move that has drawn criticism from Democrats and...
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1 month ago | 
bizcommunity.com | Eve Pennington |Sfundo Parakozov |Tania Broughton |Sechaba Mokhethi
Local agency racks up 10 nominations at Poland’s Solal Awards, spotlighting excellence in retail and leisure marketing. South African retail marketing heavyweight Excellerate Brand Management (EBM) has once again received international acclaim, this time with an impressive ten nominations at the 2025 Solal Marketing Awards. Run out of Poland, the Solal Awards recognise the world’s best in retail and leisure marketing.
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1 month ago | 
ca.marketscreener.com | Sfundo Parakozov |Colleen Goko
JOHANNESBURG (Reuters) -The South African rand strengthened on Monday to its highest levels in five weeks, after state utility Eskom said it was optimistic about the power outlook over the southern hemisphere winter, aiming for no electricity cuts in the next four months. Africa's most industrialised nation has experienced recurring power cuts for more than a decade that have constrained economic growth.
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1 month ago | 
marketscreener.com | Sfundo Parakozov |Kopano Gumbi
JOHANNESBURG (Reuters) -South Africa's annual inflation rate fell for the first time in five months in March to its lowest level since June 2020, due to a drop in fuel costs and softer price rises for tuition. Headline consumer inflation eased to 2.7% year-on-year from 3.2% in February, below the 2.9% expected by economists polled by Reuters, and outside the South African Reserve Bank's (SARB) 3% to 6% target range.
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1 month 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.
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1 month ago | 
gurutrade.com | Sfundo Parakozov |Bhargav Acharya |Christopher Cushing
JOHANNESBURG, April 10 (Reuters) - South Africa's rand firmed in early trade on Thursday, recouping some of its recent loss as investors took a breather after U.S. President Donald Trump announced an immediate 90-day tariff pause for many countries.
At 0631 GMT, the rand traded at 19.25 against the U.S. dollar , about 0.4% stronger than its previous close.
The local currency hit a record low of 19.9325 on Wednesday, the day Trump's country-specific import tariffs kicked in.
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2 months 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.
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2 months 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.
