Rand Watch
Latest Currency Crosses
| United Kingdom | £1: | R15.62 |
| USA | $1: | R7.84 |
| Europe | €1: | R12.44 |
| Australia | $1: | R7.55 |
| Canada | $1: | R7.94 |
| New Zealand | $1: | R5.97 |
South African Rand details
Latest Business News
Poulty firms accused of being unfairTwo companies in the poultry market are busy gathering their defence after being accused of throwing their weight around.
'2010 Cup not a get rich quick event'Fifa's ticketing and hospitality agent Match says entrepreneurs should look at the 2010 World Cup as a springboard for long-term success.
Firemen say they'll sue over 'demotion'A group of senior firefighters have threatened to take their bosses to court in a bitter struggle against the City of Cape Town's restructuring programme that will effectively demote more than 30 of them.
Oil sets record above $146 Oil prices are climbing higher, with Russian energy giant Gazprom forecasting that oil would "very soon" hit $250.
M&F cuts fifth of workersThe insurance firm Mutual & Federal will slash 600 of its 3 000 positions in a bid to become more "flexible".
Expect more JSE turmoilEconomists and asset managers say more market panic is in the offing, but say that the JSE's 7% decline this week was a healthy correction.
Pamodzi Gold employee dies in accidentA locomotive guard died in an accident at Pamodzi Gold's East Rand operations yestetrday, the company's executive and management said in a statement today.
Oil tops $145 ahead of US July 4 holidayOil hit a record above $145 a barrel today ahead of the Independence Day holiday weekend in the US before paring gains as the dollar recovered from a two-month low.
Mpumalanga 2010 stadium strike overThe more than a week long strike by workers at the 2010 stadium construction site in Nelspruit, Mpumalanga is over and workers will return to work on Monday.
Historical Rand performance