randlatest news & developments
South Africa’s Reserve Bank Governor Lesetja Kganyago speaks during the G20 news conference at World Bank/IMF Annual Meetings at the International Monetary Fund (IMF) headquarters in Washington, Thursday, Oct. 16, 2025. (AP Photo/Jose Luis Magana)

Rand blows out as Kganyago holds

Predictions for further rate hikes are all over the show after the Reserve Bank’s surprise pause

Business red tape. Competition authorities. Rawpixel/Currency

Trust issues: competition watchdog under fire

The Constitutional Court’s banks ruling has intensified scrutiny of a Competition Commission battling credibility and competence

Reserve Bank governor Lesetja Kganyago. Gallo Images/Fani Mahuntsi

Why the SARB should hike rates on Thursday  

Higher oil prices, rising inflation and the rand: South Africans need to brace for a 25-basis-point rate hike

Sars bees Picture: Rawpixel / Currency collage

Godongwana’s rosiest budget yet – but watch for the sting

Godongwana is getting his first budget tailwind – but bracket creep relief and higher revenue come with a Sars enforcement drive that taxpayers will feel.

Lesetja Kganyago. Gallo Images/Alet Pretorius

Rand rally keeps rate cuts in play

The Reserve Bank’s monetary policy committee voted four to two to keep rates on hold, but March may finally see some relief

Lesetja Kganyago. Per-Anders Pettersson/Getty Images

More rate cuts coming – but the path lower will be bumpy

South Africans can look forward to another year of rates relief – albeit at a stop-start pace

Super-rand. Rawpixel/Currency collage

Can SuperRand hang onto its hero year?

The rand’s gains are largely a story of dollar weakness, but there a few home factors that could see the unruly currency strengthen further

George Glynos. Picture: supplied.

Traders slate the CompCom’s rand-rigging reasoning

Local traders have made short work of the Competition Commission’s latest arguments against a host of banks in the so-called rand-rigging case

Africa currency. Rawpixel/Currency collage.

African currencies: the year they didn’t fall over

African currencies are notoriously ‘volatile’. But in an unusual turn of events, all are up against the dollar in the year to date

Reserve Bank governor Lesetja Kganyago. Picture: Photo by Per-Anders Pettersson/Getty Images

Kganyago ‘locks in’ on 3% inflation target 

The SARB has cut rates and signalled a 3% inflation target – its biggest policy change in decades. Markets are already buying in

Offshore investing

Investing offshore: a South African’s A to Z guide

Offshore investing decoded – from allowances to tax traps. A smart guide for South African investors ready to go global

Rand. Picture: Currency

The rand lottery: betting on more strength

The rand is considered the cheapest emerging-market currency by Bank of America. Could 2025 be its clawback year?

Donald Trump. Picture: Robert Perry/Getty Images

The SARB’s Trump headache

Donald Trump’s ‘America First’ policies threaten to stoke inflation worldwide. Investors and households better brace for fewer interest rate cuts

Curerncy Viewpoint

What is a primary budget surplus, and how can it benefit us?

South Africa’s debt has hit 75% of GDP, with interest payments now the biggest budget item. A primary budget surplus could steady the ship