- 17 April 2025
- EFT Reporter
Egyptians take on South Africans in African Champions League semis
Al Ahly celebrate with the trophy after winning the final REUTERS/Amr Abdallah Dalsh By Mark GleesonCAPE TOWN – Two Egyptian clubs face two from South Africa this weekend in the semi-finals…
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- 16 April 2025
- EFT Reporter
South Africa’s central bank says scope for policy easing has narrowed
FILE PHOTO: A view shows the logo of South Africa’s central reserve bank, at the reserve bank offices in Pretoria, South Africa, January 26, 2023. REUTERS/Siphiwe Sibeko By Kopano Gumbi JOHANNESBURG…
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- 14 April 2025
- EFT Reporter
South African president names Jonas special envoy to US
Former Deputy Finance Minister Mcebisi Jonas gestures ahead of the Judicial Commission of Inquiry probing state capture in Johannesburg, South Africa August 24, 2018. REUTERS/Siphiwe Sibeko JOHANNESBURG – South African…
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- 14 April 2025
- EFT Reporter
South Africa’s rand recovery continues with volatile global and local backdrop
South African bank notes JOHANNESBURG – South Africa’s rand recovered further against a weaker dollar on Monday, extending a recent bout of extreme volatility linked to U.S. President Donald Trump‘s trade war and…
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- 24 March 2025
- EFT Reporter
South African rand jumps as markets ponder USÂ tariffs
A person counts South African Rands JOHANNESBURG – South Africa’s rand gained on Monday as investors awaited clarity on the next round of tariffs from U.S. President Donald Trump. At…
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- 15 August 2024
- EFT Reporter
SA Reserve Bank to cut rates 25 bps to 8.00% on Sept. 19
SA Reserve Bank By Vuyani Ndaba South Africa’s Reserve Bank is expected to cut interest rates for the first time in more than two years – by 25 basis points to…
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- 15 August 2024
- EFT Reporter
Boost for MK Party as Floyd Shivambu crosses floor
Floyd Shivambu JOHANNESBURG – The deputy leader of the South African opposition party the Economic Freedom Fighters (EFF) said on Thursday he was resigning to join the party led by former president Jacob Zuma, uMkhonto we Sizwe…
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- 13 August 2024
- EFT Reporter
South Africa’s unemployment rate climbs for third quarter in a row
FILE PHOTO: Job seekers wait beside a road for casual work offered by passing motorists in Eikenhof, south of Johannesburg, South Africa, November 20, 2023. REUTERS/Siphiwe Sibeko/File Photo By Kopano Gumbi…
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- 13 August 2024
- EFT Reporter
Sasol appoints new finance chief
Sasol South African petrochemicals company Sasol has promoted Walt Bruns to chief financial officer, it said on Tuesday, replacing Hanre Rossouw at the start of next month. Sasol said Rossouw resigned…
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- 13 August 2024
- EFT Reporter
South Africa battles to fund vital grid upgrade for green energy
A person walks past power lines By Tim Cocks PRETORIA – South Africa’s plan to expand its power grid, now the biggest bottleneck to replacing coal with renewables, has hit a…
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