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'Eskom has again been grossly caught with their pants around their ankles'
Ramaphosa: We've learned from the PPE scandal, vaccines will be better managed
Can you get a new South African passport right now?
'Thank you Mr President for not shutting us down, but we need more support!'
Economy in 2021: 'Expect a better year for South African assets'
Retirement funds in SA are changing – new laws come into effect on 1 March 2021
Germany Covid-19 death rate now higher than US - considers 'mega lockdown'
Strained love relationships during Covid? Try to hang in there advises therapist
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Jurie Roux ordered to pay back R37m ‘misappropriated’ from Stellenbosch Uni
'What a moment of joy!' Siya pays surprise visit to fire-ravaged Masiphumelele
DJ Fresh and Euphonik silent on 'drugging and raping' allegations
Trevor Noah drops R412m on luxurious Bel-Air mansion - take a look inside!
Tributes pour in for Safta-award winner Lindiwe Ndlovu
Welshman offers local govt £50m reward to find fortune he tossed on rubbish dump
Covid-19 working from home spawns new virtual team-building trend
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Chinese businesses and Namibian elites get rich illegally logging rosewood trees
Zimbabwe crisis: 'South Africa can intervene but solution lies with Zimbabweans'
Immigrants are net creators of jobs in South Africa, research confirms
'Disabled South Africans are sleeping on pavements outside Sassa offices'
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Covid-19 resurgence in Europe smashes South African rand off its pedestal
The rand slumped to R16.89 to the US dollar by late afternoon on Monday.
The South African currency until recently traded at R16.09, its strongest level in half a year.
A global emerging market selloff sent the rand tumbling.
Traders are spooked about a resurgence of Covid-19 across much of Europe.
Arabile Gumede (in for The Money Show’s Bruce Whitfield) interviewed Bianca Botes of Peregrine Treasury Solutions.
It’s definitely a bloodbath out there on the local currency markets today…
Bianca Botes, Peregrine Treasury Solutions
The Euro came under significant pressure today… The market expects the Fed to continue stimulating…
Bianca Botes, Peregrine Treasury Solutions
Europe is potentially going into another lockdown…
Bianca Botes, Peregrine Treasury Solutions
We see quite a bit of foreign money coming in… appetite for the yield we offer, regardless of risk… Cutting rates further may not do much for the economy, but it may erode this yield…
Bianca Botes, Peregrine Treasury Solutions
The next target would be R17/$...
Bianca Botes, Peregrine Treasury Solutions
Listen to the interview in the audio below.
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