The current population of South Africa is 60 452 474 as of Monday, July 24, 2023, based on Worldometer elaboration of the latest United Nations data. The world’s current population is a little over 8 billion. South Africa’s population is equivalent to 0.75% of the total world population. ALSO READ | These are South Africa’s Top 20 chess players South Africa ranks 24th in the list of countries […]

A new law aimed at increasing the employment of black people in South Africa has enraged businesses and liberals who say the legislation could see qualified workers lose their jobs. ALSO READ | The 16 Caribbean countries South African passport holders can visit visa-free South Africa’s leading opposition party, the Democratic Alliance (DA), is to take to the […]

The latest Henley & Partners Passport Index for 2023 outlines the 106 countries that South African passport holders can travel to visa-free. ALSO READ: Oprah Winfrey in South Africa talks about the impact of trauma The index included 199 passports and 227 travel destinations, ranking them quarterly in terms of travel power. Each passport was scored on the total number of destinations […]

Reuters: The South African rand gained strongly on Tuesday, with one analyst saying it had looked undervalued after year-to-date losses and citing support from rising prices for precious metals, a key South African export. SOUTH AFRICAN RAND GAINED At 1550 GMT, the rand traded at 17.8550 against the dollar, about 1% stronger than its previous […]

Reuters: The dollar wobbled near an over one-year low against its major peers on Tuesday, as investors awaited fresh catalysts to gauge if the greenback has further downside in the wake of last week’s cooler-than-expected U.S. inflation report. READ MORE: Lebanon central bank governor’s properties seized U.S. DOLLAR WOBBLED NEAR A NEW LOW The U.S. […]

Reuters: The South African rand retreated on Friday, bringing last week’s rally to a halt as prolonged power blackouts and expectations that the central bank will leave its main interest rate on hold next week weighed on the investor mood. SOUTH AFRICAN RAND RETREATED The risk-sensitive rand has been a big beneficiary of data this […]

Reuters: A sliding dollar was pushed lower still in Asia on Thursday, as traders took surprisingly slow U.S. inflation as a signal U.S. interest rate rises will be all but finished by month’s end. SLIDING DOLLAR WAS PUSHED LOWER The dollar has been steadily slipping for about six weeks, but had its worst session in […]

Reuters: The South African Rand strengthened on Tuesday following improved local manufacturing output and a weak dollar spurred by expectations of an end to rate hikes in the U.S. SOUTH AFRICAN RAND STRENGTHENED The rand traded at 18.53 against the dollar at 1443 GMT, up 1.3% on its previous close. Data from Statistics South Africa […]

Reuters: The dollar clawed back its losses on Monday, recovering from a knee-jerk reaction to data showing U.S. job gains were the smallest in two-and-a-half years, while disappointing inflation figures in China weighed on the yuan and proxies. U.S. DOLLAR CLAWED BACK ITS LOSSES Nonfarm payrolls increased 209,000 in June, figures released on Friday showed, […]

Reuters: The dollar was higher on Thursday, after the release of minutes from the Federal Reserve’s latest policy meeting cemented market expectations for a rate hike this month. U.S. DOLLAR WAS HIGHER In Asia, the yen hovered near the key 145 per dollar level that spurred intervention by Japanese authorities last September, while a faltering […]

Reuters: The South African rand firmed against the dollar on Tuesday in thin trading amid signs China’s decision to impose export measures on some metals used by the semiconductor industry could help the ailing currency. SOUTH AFRICAN RAND FIRMED Trading was relatively subdued due to a U.S. holiday and lack of local economic data points. […]

Reuters: The dollar index was lower on Friday following two straight days of gains, after economic data showed a cooling in consumer spending, raising some doubt about the potential aggressiveness of the Federal Reserve in fighting inflation. U.S. U.S. DOLLAR INDEX WAS LOWER ON FRIDAY Treasury yields were also mostly lower after the data. The […]

Reuters: The dollar index rose on Wednesday following comments from a host of global central bank leaders, including Federal Reserve Chair Jerome Powell, who did not rule out the possibility of another rate hike by the Fed at its next meeting in July. U.S. DOLLAR INDEX ROSE Powell, speaking at a European Central Bank conference […]

Reuters: The South African rand gained on Tuesday as analysts speculated the weekend’s aborted mutiny in Russia may mean President Vladimir Putin could skip BRICS summit where South Africa would in theory be obliged to arrest him. SOUTH AFRICAN RAND GAINED The BRICS group of emerging economies, comprising Brazil, Russia, India, China and South Africa, […]

Reuters: The South African rand gained 1% on Monday, as investors watched for potential ripple effects of the aborted weekend mutiny in Russia. SOUTH AFRICAN RAND GAINED At 1210 GMT, the rand traded at 18.6000 against the dollar, around 0.84% stronger than its previous close after strengthening over 1% earlier. The dollar was last trading […]

Reuters: The dollar on the back foot on Monday, though it found some safe haven support on lingering worries that the protracted monetary tightening cycles from major central banks would further hurt the global economic outlook. U.S. DOLLAR ON THE BACK FOOT Dramatic weekend events in Russia also kept investors on guard, though reaction in […]

Reuters: The pound is set for its biggest weekly rise in six months on Friday after days of economic data and central bank rate decisions, and ahead of the Bank of England’s monetary policy meeting this week. BRITISH POUND IS SET FOR 6 MONTH HIGH At 0900 GMT, the pound was at $1.279, up less […]

The South African rand has taken a battering in recent weeks and months as dreams of holidays abroad remain just that – a dream. Load shedding, close links with Russia and a strong dollar – among several other factors – have hurt the rand as South Africans batten down the hatches and prepare to weather […]

The South African rand jumped on Thursday, clinging to gains made since the start of the week on a weakening dollar and encouraging domestic data. Reuters: The South African rand jumped on Thursday, clinging to gains made since the start of the week on a weakening dollar and encouraging domestic data. SOUTH AFRICAN RAND JUMPED […]

Today’s video: Flying above the clouds. These daily videos are unfathomable and often unexplainable – but 100% genuine – and may well leave you speechless. ALSO WATCH: Epic bakkie drag race goes down to the wire – WATCH Terrifying video of the day: Flying above the clouds in Turkey. Flying above the clouds… Fethiye, Turkeyhttps://t.co/tkoCoZFjqs […]

They are mega superstars with bank balances big enough to make your head spin. Ever wondered who the wealthiest singers in the world are? Here’s a look at the top five richest musicians in the world. ALSO READ: Music Moguls: The top five wealthiest music stars in SA TOP FIVE WEALTHIEST MUSICIANS IN THE WORLD As […]

Graduation day is a day of celebration, and for most parents it is one of the proudest days of their lives. ALSO READ: Two senior Orlando Pirates stars celebrate graduation EMOTIONAL GRADUATION MOMENT One Port Elizabeth (Gqeberha) father held back tears as he accepted his late daughter’s degree from Nelson Mandela University graduation on Thursday. The day […]

An 18-year-old Texas gunman, Salvador Ramos, on Tuesday (24 May) shot his grandmother in the face (she survived), and then – armed and dangerous – evaded a school security officer to kill 21 people at Robb Elementary School in Uvalde, rural USA, the worst school massacre in the US in almost 10 years. The fatalities […]

The cryptocurrency markets have been very lucrative for the right traders, those who are willing to ride all of the volatility that comes with the market. The cryptocurrency markets have been going through a massive change over the last several years, as they have been maturing. From the early days of Bitcoin trading, we have […]

“Zanzibar”, even having lived in East Africa for 16 years, the name still conjurs dreams of exotic mystery, romance and adventure. If you are frequently ‘haunted’ by these wonderful dreams of a tropical island paradise then Zanzibar is the very next holiday you should take, and here are ten reasons why! Zanzibar is actually an […]