South Africa records first current account surplus in 17 years

This post was originally published on this siteJOHANNESBURG (Reuters) – South Africa recorded its first current account surplus in 17 years in the first quarter of 2020 as the trade balance

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UPDATE 1-South Africa’s budget deficit, debt seen widening as virus hits economy

This post was originally published on this site(Adds more details). JOHANNESBURG, June 24 (Reuters) – South Africa’s budget deficit is projected to widen sharply while debt is seen

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SA unemployment hit record high – before Covid-19 hit

This post was originally published on this siteSouth Africa’s unemployment rate hit a record high in the first quarter of this year as key sectors including agriculture shed jobs, data

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South African rand recovers after sell-off, stocks open higher

This post was originally published on this siteJOHANNESBURG (Reuters) – South Africa’s rand firmed against the U.S. dollar early on Friday, recovering from the previous

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South African rand recovers after sell-off, stocks open higher

This post was originally published on this siteJOHANNESBURG (Reuters) – South Africa’s rand firmed against the U.S. dollar early on Friday, recovering from the previous

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South Africa’s rand firms but gains limited by virus surge, geopolitics

This post was originally published on this siteJOHANNESBURG, June 17 (Reuters) – South Africa’s rand firmed against the dollar early on Wednesday, but traders said gains could be

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South Africa’s rand strengthens to 11-week high versus dollar

This post was originally published on this siteJOHANNESBURG, June 3 (Reuters) – South Africa’s rand traded at its strongest in 11 weeks against the U.S. dollar in early trade on

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South Africa has not approached IMF for emergency funding – fund official

This post was originally published on this siteJOHANNESBURG, April 14 (Reuters) – South Africa has not approached the International Monetary Fund (IMF) for emergency financing to help it

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UPDATE 2-South Africa rules out IMF programme as central bank cuts rates

This post was originally published on this site… * South African economy in trouble before coronavirus. * Virus makes budget, growth forecasts even bleaker. * Asking IMF for help unpopular

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South African business confidence index rises in February

This post was originally published on this siteJOHANNESBURG (Reuters) – South African business confidence rose in February due to lower inflation, as well as increase volumes of merchandise

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