- 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 DalshBy Mark GleesonCAPE TOWN – Two Egyptian clubs face two from South Africa this weekend in the semi-finals of…
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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 SibekoBy Kopano GumbiJOHANNESBURG – South…
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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 SibekoJOHANNESBURG – South African President…
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- 14 April 2025
- EFT Reporter
South Africa’s rand recovery continues with volatile global and local backdrop
South African bank notesJOHANNESBURG – 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 worries…
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- 24 March 2025
- EFT Reporter
South African rand jumps as markets ponder US tariffs
A person counts South African RandsJOHANNESBURG – South Africa’s rand gained on Monday as investors awaited clarity on the next round of tariffs from U.S. President Donald Trump.At 1413 GMT,…
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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 NdabaSouth Africa’s Reserve Bank is expected to cut interest rates for the first time in more than two years – by 25 basis points to 8.00%…
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- 15 August 2024
- EFT Reporter
Boost for MK Party as Floyd Shivambu crosses floor
Floyd ShivambuJOHANNESBURG – 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 (MK).Floyd…
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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 PhotoBy Kopano GumbiPRETORIA –…
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- 13 August 2024
- EFT Reporter
Sasol appoints new finance chief
SasolSouth 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 to pursue…
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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 linesBy Tim CocksPRETORIA – South Africa’s plan to expand its power grid, now the biggest bottleneck to replacing coal with renewables, has hit a snag: finding…
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