South African Rand reaches R18
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South African Rand reaches R18.50 to the Pound

The South African Rand has broken barriers unseen in recent years as it reached R18.50 to the British Pound last week. While the currency has taken a significant beating since May last year, when the US Federal Reserve first announced plans to taper its quantitative easing programme, last week’s woes can be attributed to renewed […]

Reeva and Oscar’s parents stil
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Reeva and Oscar’s parents still tussling over settlement

Six months after negotiations, the wealthy Pistoriuses have allegedly offered Reeva Steenkamp’s family R2 million – less than half a year of Oscar’s annual earnings before the shooting. But is it enough for them to settle, mere weeks before the start of Oscar’s real trial?

Ke nako: Nigeria to overtake S
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Ke nako: Nigeria to overtake SA as Africa’s biggest in 4 weeks

New, more accurate measurement of Nigeria’s GDP may knock the South off its pedestal as Africa’s biggest deal, in economic terms. This is good news for South Africa, where Africa’s better-off enjoy shopping for trade deals as well as luxury goods. But the hard question remains: why aren’t we growing that fast as well?