Lindiwe Tsobo

The rand reversed earlier gains on Wednesday after finance minister Enoch Godongwana highlighted “critical issues impacting SA's economic stability and growth” in his medium-term budget policy statement (MTBPS).

The rand was little changed on Thursday morning, while the JSE was weaker as investors digested the medium-term budget policy statement (MTBPS).

The JSE tracked weaker global markets on Thursday as investors digested corporate earnings reports from mega tech companies and key inflation data in the US.

Africa's energy landscape is undergoing a transformation, with SA emerging as a leader in the continent's transition towards energy security, PwC's Africa Energy Review 2024 report says.

Initial concerns over Meta and Microsoft's poor results were alleviated by Amazon's strong cloud and advertising figures

For the week, however, the local bourse was down 0.94%, pushed lower by losses in precious metals, resources and SA listed property

Outcome of poll remains uncertain, with analysts saying control of Congress is likely to be bigger market mover than identity of new president

The rand was firmer on Monday, while the JSE was little changed, with the focus on the US presidential election this week.

A Kamala Harris victory would be expected to weaken the dollar, potentially boosting the rand, says one analyst

Investors are gearing up for the result of the election as the final day of voting draws to an end on Tuesday