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Rand manipulators taken to ConCourt

The Constitutional Court will hear the Competition Commission's bid to overturn a ruling that cleared major banks of wrongdoing in a decade-long rand manipulation case. The proceedings are scheduled from Tuesday, 19 August, to Friday, 22 A…

Published: 19 Aug 2025 at 11:04hrs | 513 | by Staff reporter

Rand manipulators must be held accountable by Parliament

African Transformation Movement (ATM) leader Vuyo Zungula has called for those responsible for the rand manipulation to face the wrath of the law.It is alleged that more than 28 banks conspired to fix the value of the South African rand mo…

Published: 28 Aug 2024 at 14:33hrs | 517 | by Staff reporter

South African Rand takes a hit

The rand and a number of South African stocks took a hit on Monday as investors moved away from purchasing riskier assets, and it became evident that the US may enter a recession.The rand was trading at around R18.45 against the dollar on …

Published: 06 Aug 2024 at 09:12hrs | 1346 | by Staff reporter

Cyril Ramaphosa won't act on rand-fixing banks

President Cyril Ramaphosa will not act against the banks over rand fixing, according to Unisa Professor Boitumelo Senokoane.Senokoane, who joins the popular narrative that the president's strong links with big corporate and monopoly capita…

Published: 27 Nov 2023 at 16:35hrs | 15 | by Sifiso Mahlangu

Adopt the Rand to stabilise the economy

The lifting of SI 122 made this writer to revisit a debate that made headlines in the post- election period in Zimbabwe. This was premised on whether Zimbabwe should join the Rand monetary community or not, or just to declare the rand as t…

Published: 03 Nov 2018 at 13:06hrs | | by Brightface Mutema

Zuma is the first president in SA to directly assault white privilege

Dear editor,Zuma is the first president in SA to directly assault white privilege. That is hella impressive. Some of y'all don't understand what's really happening, you just re-iterating what you are told in the headlines without criticall…

Published: 03 Apr 2017 at 08:32hrs | 1 | by social media

Manipulation of the rand is a threat to South Africa constitutional democracy

The screaming headlines were predictable: "Rand plunges on Presidentâ€™s action", "Rand plummets on recall", "Reckless' Zuma blasted", "Reshuffle speculated after Gordhanâ€™s unexpected recall", "Zuma-Gordhan rift hits the Rand", "Zumaâ€™s…

Published: 29 Mar 2017 at 09:58hrs | | by Faith Muthambi is minister of communications.

Can the South African Rand rescue Zimbabwe's economy?

TENDAI Biti sits in his office in a leafy Harare suburb, contemplating another collapse of the Zimbabwean economy.Thanks to a chronic shortage of United States dollars, the country is running out of cash. There are long queues outside ever…

Published: 24 Nov 2016 at 08:22hrs | 11 | by Simon Allison

Prophet TB Joshua's prophecy on the South African Rand

The rand strengthened the most in three months, leading global currency gains after data showed South Africa's economy expanded more than forecast in the second quarter while the trade balance swung to a surplus for the first time in more …

Published: 07 Sep 2016 at 10:29hrs | | by Marelise Van Der Merwe

'Let's adopt the rand'

BANKERS and industry have recommended the adoption of the South African rand as the major transacting currency to reduce concentration of risk associated with heavy reliance on the United States dollar currently accounting for 95 percent o…

Published: 07 Jun 2016 at 06:32hrs | | by Business Reporters

The Rand and the US Fed Interest Hike

South Africa has just come out of one of the most turbulent times since the dawn of democracy. The firing of Nhlanhla Nene (Finance Minister) and his replacement by the little known David van Rooyen has rallied South Africans leading …

Published: 08 Jan 2016 at 21:06hrs | | by Vusumuzi Moyo

Depreciation of the rand: Impact on Zimbabwe business

PURSUANT to the abolition of the dual exchange rate system, that is unification of the financial and the commercial rand) on March 10 1995 the unified rand was stable at around R3,60 to the US dollar for a period of up to one year from the…

Published: 02 Sep 2015 at 08:19hrs | 2 | by Colls Ndlovu

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Notorious Apartheid assassin hospitalised

Zimbabwe launches Nationwide Consultations on Road Accident Fund Bill

Magunje under siege as investor defies court, divides community

Zimbabwe delegation in US for IMF, World Bank meetings

Kazembe Warns ZANU-PF Members Against Drug Abuse Ahead of Party Conference

Govt commissions US$300K Gold Milling Centre to empower Shurugwi miners

Minister Ncube praises Zimbabwe-China mining partnership at Shurugwi commissioning

Mnangagwa shames detractors

Hopewell Chin’ono: Corruption Has Crippled Zimbabwe for Decades

Minister Owen Ncube Commissions Refurbished 9-Body Mortuary in Shurugwi

Four Robbery Suspects Arrested in Beitbridge, Including Juvenile

ZRP denies confiscating condoms at heroes acre

POSB introduces no-collateral loans for Starlink kits

Zimbabwe's cereal output slips below estimate

Bulawayo drivers hit a speed bump with lowest pass rate

RBZ warns against fake social media scam impersonating Mushayavanhu

24% ownership, UK hits Botswana with visa requirement

Mnangagwa pays tribute to late Brigadier General

ZRP speaks on Zimbabweans killed in SA bus accident

Politburo meeting kickstarts Zanu-PF's Conference

SA businessman acquitted in US$17,000 fraud case

'Sanctions bleeding Zimbabwe health sector'

Zimbabwe warned of risks of abandoning the dollar

Boxes of ARVs, prescription drugs found in deadly Limpopo bus crash?

Venezuela plans new embassy in Zimbabwe

Businessman to pay US$11k maintenance to ex-wife

Chief Nechombo dismisses social media claims

Police assaulted Ngezi Platinum players

Doctor banned for refusing to authorise blood transfusion

Zimbabwe govt bemoans adolescent pregnancy

Public outrage over condoms confiscated at National Heroes Acre funeral

Boxes of ARVs, prescription drugs found in deadly Limpopo bus crash?

'Blessed Geza should be arrested if there is destruction of property on 17 October'

ZRP speaks on Zimbabweans killed in SA bus accident

24% ownership, UK hits Botswana with visa requirement

South Africa releases names of 43 Zimbabweans who died

Chiwenga admits 2017 event was a coup

Politburo meeting kickstarts Zanu-PF's Conference

Zimbabwe warned of risks of abandoning the dollar

Survey Claims Majority Support Mnangagwa Term Extension to 2030

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