SA’s rand is on track for its biggest weekly drop since Nhlanhla Nene was axed in December last year.
Jacob Zuma and Cyril Ramaphosa expressed confidence in Pravin Gordhan - but their pledges did little to inspire the markets.
South Africa’s rand has been weighed down by lingering uncertainty over whether Pravin Gordhan faces arrest.
SA bonds and the rand are paying the price for investor anxiety over Finance Minister Pravin Gordhan’s job security.
The rand slumped and stocks tumbled as the stand-off between Finance Minister Pravin Gordhan and the Hawks intensified.
SA’s rand was little changed in early trade on Wednesday ahead of political announcements of possible coalition governments in two key municipalities.
SA’s rand buoyed by continued investor appetite for high-yielding assets.
Traders said the rand could get support from investors seeking higher yields in emerging markets this week.
The weak economy persuaded SA’s Reserve Bank to pause a cycle of hikes that it is ready to resume if price pressures pick up.
SA’s rand holds firm against the dollar as investors search for better returns in high-yielding emerging markets.
SA’s rand was stable against the dollar on Friday morning ahead of global economic data due later in the session.
The JSE satellite hub in Cape Town aims to provide a dedicated team to deal with customer-service problems more efficiently.
SA’s rand was slightly weaker on Thursday morning as investors waited for mining and manufacturing data later in the day.
South Africa’s rand touched 13.3520 against the dollar in early trading on Wednesday.
South Africa’s rand was holding steady against the dollar in early trade on Monday.