• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Rand up slightly before unemployment data

Simon Osuji by Simon Osuji
August 15, 2023
in Finance
0
Rand up slightly before unemployment data
1
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The rand was slightly stronger in early trade on Tuesday, recovering some ground before the release of local unemployment figures.

The rand fell on Monday on worries over the health of China’s economy, South Africa’s biggest trading partner.

At 0622 GMT, it traded at R19.05 against the US dollar.

Statistics South Africa will publish second-quarter unemployment data at 0930 GMT, with analysts polled by Reuters predicting the official unemployment rate will come in at 32.9%, the same as in the first quarter.

“The economy is simply not growing sufficiently to allow businesses to expand and increase employment,” ETM Analytics said in a research note.

South Africa’s benchmark 2030 government bond was little changed in early deals, the yield down 0.5 basis points at 10.325%.



Source link

Related posts

Critical minerals top agenda in U.S.-Africa energy forum

Critical minerals top agenda in U.S.-Africa energy forum

February 27, 2026
Beneficiation Laws Reshaping Mining 2026

Beneficiation Laws Reshaping Mining 2026

February 26, 2026
Previous Post

Peripheral tumor biomarkers to guide treatment for HPV-associated malignancies

Next Post

Exploring Identity Through Phygital Artistry

Next Post
Exploring Identity Through Phygital Artistry

Exploring Identity Through Phygital Artistry

Leave a Reply Cancel reply

Your email address will not be published.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

RECOMMENDED NEWS

The “Springbok” public holiday – win-win for weekend workers

The “Springbok” public holiday – win-win for weekend workers

2 years ago
Today’s D Brief: Houthis sink a ship; Airdropping aid to Gaza; V-22s to return to flight; Russians keep turning up dead; And a bit more.

Today’s D Brief: Houthis sink a ship; Airdropping aid to Gaza; V-22s to return to flight; Russians keep turning up dead; And a bit more.

2 years ago
Thumbay College of Management and AI in healthcare signs landmark MoU to guaranteeing employment for graduates

Thumbay College of Management and AI in healthcare signs landmark MoU to guaranteeing employment for graduates

1 month ago
Wipro and IBM collaborate to propel enterprise AI

Wipro and IBM collaborate to propel enterprise AI

2 years 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
  • Mahama attends Liberia’s 178th independence anniversary

    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
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
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
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.