International rating agencies had already downgraded South Africa to junk status even before the global pandemic. The three main commodities being gold, platinum and crude oil, are good indicators as to the speed that the economy can…
The Central Energy Fund (CEF) said on Tuesday that a weaker rand and a higher international oil price led to more than a R1 under recovery for all grades of fuel in the first 10 days of September‚ putting motorists in line for yet another…
Disappointing local manufacturing data failed to dent the rand’s recovery on Tuesday‚ with global risk assets rebounding after a strong performance by Chinese equity markets earlier. A lack of major economic data releases‚ and a…