Friday, July 25, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Rand firms on Monday – Moneyweb

Simon Osuji by Simon Osuji
June 26, 2023
in Finance
0
Rand firms on Monday – Moneyweb
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The rand was slightly stronger in early trade on Monday, as investors watched for potential ripple effects of the aborted weekend mutiny in Russia.

At 09:19, the rand traded at R18.72 against the dollar.

The dollar was steady against a basket of global currencies.

The market impact of a short-lived rebellion by Russian mercenaries on Saturday was still unclear, analysts said, with global oil prices slightly higher on concerns about Russian stability and crude supply.

In local news, state utility Eskom said on Sunday that power cuts would be implemented at relatively low levels throughout the week, as fewer breakdowns at power stations had led to more generation capacity.

Many South Africans were facing power cuts of around 10 hours a day until recently, but there have been some signs of improvement in the last few weeks as the country grapples with its worst power crisis on record.

South Africa’s May producer price index on Thursday, and money supply, budget and trade figures on Friday will give further indications about the health of Africa’s most industrialised economy.

South Africa’s benchmark 2030 government bond was slightly weaker in early deals, the yield up 0.5 basis points at 10.680%.



Source link

Related posts

Dodoma gears up as Tanzania’s investment hotspot

Dodoma gears up as Tanzania’s investment hotspot

July 24, 2025
South Africa eyes October exit from illicit flows dirty list

South Africa eyes October exit from illicit flows dirty list

July 24, 2025
Previous Post

Unlock our hidden Gems: Costs to Developing Countries on MDBs not democratising investor access to GEMS risk Database

Next Post

Sustainable energy from ideas to projects: Part 1

Next Post
Sustainable energy from ideas to projects: Part 1

Sustainable energy from ideas to projects: Part 1

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

The Externalization of the Agentic State

The Externalization of the Agentic State

1 week ago
Today’s D Brief: 2024 funding deal?; Scrutiny for SecDef; Sailor-spy sentenced; China’s aerial messages; And a bit more.

Today’s D Brief: 2024 funding deal?; Scrutiny for SecDef; Sailor-spy sentenced; China’s aerial messages; And a bit more.

2 years ago
US Congressman Calls to Fire SEC Chair Gary Gensler

US Congressman Calls to Fire SEC Chair Gary Gensler

2 years ago
Surf breaks are a hidden weapon in climate change fight

Surf breaks are a hidden weapon in climate change fight

11 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Tanzania’s natural gas sector goes global with Dubai deal

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.