Foreign currency | Bizcommunity

Foreign currency | Bizcommunity

News

Source: Supplied. Motlatsi Mthimunye, Head Investment Banking Division SA, Absa CIB.

Finance

Africa's capital markets: The key to weathering global economic storms

Heidi Barends and Motlatsi Mthimunye 3 days

Growthpoint's half-year results exceed expectations

Mixed-Use Property

Growthpoint's half-year results exceed expectations

Issued by Catchwords 13 Mar 2025

City Lodge Hotels announces interim results – average room rates up

Hospitality

City Lodge Hotels announces interim results – average room rates up

Issued by City Lodge Hotels 21 Feb 2025

Direct flights, visa improvements key to enhancing SA-India tourism

Travel

Direct flights, visa improvements key to enhancing SA-India tourism

6 Dec 2024

Source: Supplied. Rex Cowley, director and co-founder of Overseas Trust and Pension.

Financial Services

Beyond borders: How foreign pensions empower South Africans to build global wealth

18 Nov 2024

Image source: kstudio from

HR & Management

Department announces gazetting of remote work visitor visa

9 Oct 2024

AfCFTA’s primary task must be to boost intra-African exports to levels experienced by other global trading blocs

Import/Export

AfCFTA’s primary task must be to boost intra-African exports to levels experienced by other global trading blocs

Tunde Macaulay 4 Oct 2024

Image source: Marcela Ruth Romero –

Competition Law

Ecowas launches regional competition authority to streamline cross-border mergers

Tamara Dini, Richard Bryce, and Nazeera Mia 3 Oct 2024

Source: Reuters.

Markets & Investment

Zimbabwe's new currency faces headwinds five months on

Nyasha Chingono 20 Sep 2024

City Lodge Hotels annual results – 13% jump in revenue

Hospitality

City Lodge Hotels annual results – 13% jump in revenue

Issued by City Lodge Hotels 10 Sep 2024

Top 4 payment trends shaping the future of online travel agencies

Travel

Top 4 payment trends shaping the future of online travel agencies

4 Sep 2024

Wiehann Olivier is partner and fintech & digital assets lead for Forvis Mazars in South Africa

4th Industrial Revolution

What you need to know about crypto exchange control regulations

Wiehann Olivier 5 Aug 2024

How tourism entrepreneurship can address SA’s youth unemployment

Tourism

How tourism entrepreneurship can address SA’s youth unemployment

26 Jul 2024

Shipping containers pass through the Suez Canal in Suez, Egypt February 15, 2022. REUTERS/Mohamed Abd El Ghany/File Photo

Shipping

Suez Canal revenue falls as shippers avoid Red Sea routes

Yusri Mohammed 19 Jul 2024

Source: Supplied. Haytham El Maayergi, executive vice president, Global Trade Bank, Afreximbank and Smangele Mandidi, acting managing director of CBZ Bank during the signing ceremony.

Banking

Afreximbank inks $80m deals with CBZ Bank

26 Jun 2024

Markets & Investment

International money transfers: How SA’s exchange controls affect (and protect) them

21 Jun 2024

Media

MultiChoice slides into annual loss

Nqobile Dludla 13 Jun 2024

Source: Reuters.

Banking

Kenya's KCB Group first quarter pretax profit up 53%

George Obulutsa 22 May 2024

Source: Supplied. Geo Killian, international tax specialist of Hobbs Sinclair.

Property

Tax obligations: A warning for foreigners and expats purchasing property in South Africa

26 Apr 2024

Source: Supplied. Gus van der Spek, owner of upmarket retirement lifestyle estate Wytham Estate in Cape Town’s Southern Suburbs.

Property

Western Cape claims title of South Africa’s luxury retirement capital

22 Apr 2024

A man poses with a handful of Zimbabwean dollars at a bank in central Harare, 15 June 2015. Zimbabweans began exchanging old notes of local dollars for US dollars, as President Robert Mugabe's government seeks to officially bury the worthless currency. Reuters/Philimon Bulawayo/File Photo

Banking

Zimbabwe launches gold-backed currency to replace battered local dollar

Nyasha Chingono 5 Apr 2024

Source: Supplied. Norbert Sasse, group chief executive officer of Growthpoint Properties.

Property

Growthpoint's dividend decreases amid strong operational performance in 2024

13 Mar 2024

Yande Nomvete, operations manager for Africa at Binance

Technology

Yande Nomvete is championing financial inclusion in Africa through crypto

8 Mar 2024

Sea Harvest Group delivers strong result in a tough environment

FMCG

Sea Harvest Group delivers strong result in a tough environment

6 Mar 2024

Suez Canal head says Egypt studying further expansion of waterway

Shipping

Suez Canal head says Egypt studying further expansion of waterway

Yusri Mohamed 5 Mar 2024

City Lodge Hotels’ interim revenue hits R1bn

Hospitality

City Lodge Hotels’ interim revenue hits R1bn

Issued by City Lodge Hotels 26 Feb 2024

Budget Speech

#BudgetSpeech2024: The future of foreign exchange

23 Feb 2024

Finance Minister Enoch Godongwana had some tough love for the SOEs

Mining

#BudgetSpeech2024: Mining industry’s struggle amid economic challenges

22 Feb 2024

Source: Reuters.

Budget Speech

#BudgetSpeech2024: South Africa taps contingency reserves to limit rising debt

21 Feb 2024

Source: Supplied.

Markets & Investment

Strategies in flux: Trends shaping the South African foreign exchange intermediary sector

14 Feb 2024

Tourists and locals visit a market in the Medina in Marrakech, following last month's deadly earthquake, Morocco. Source: Reuters/Susana Vera

Tourism

Despite quake and Gaza, Morocco tourism is up

Ahmed Eljechtimi 18 Dec 2023

Roland Innes, Group CEO at DYNA Training

Energy & Mining

Nurturing local mining talent amid changing political landscape

Roland Innes 6 Dec 2023

Source: Supplied.

Retail & Hospitality Property

Gupta-linked development land for sale

27 Nov 2023

Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja. Source: Reuters/Temilade Adelaja

Coal, Oil & Gas

Saudi Arabia signs deal with Nigeria on sidelines of Saudi-Africa summit

Felix Onuah 10 Nov 2023

A guide to streamlining international payments for your import/export startup

How To Start Up

A guide to streamlining international payments for your import/export startup

Harry Scherzer 9 Nov 2023

Source: Twitter@PresidencyZA

Taxation & Regulation

Money talks - what the SA Reserve Bank report had to say about the Phala Phala couch cash

Tamsin Metelerkamp 8 Nov 2023

Egypt moves to shore up tourism sector in shadow of Gaza war

Tourism

Egypt moves to shore up tourism sector in shadow of Gaza war

Aidan Lewis 7 Nov 2023

Markets & Investment

Navigating rand volatility: Protecting South African businesses from exchange-rate turbulence

27 Oct 2023

City Lodge Hotels' robust annual results signal a resounding recovery

Hospitality

City Lodge Hotels' robust annual results signal a resounding recovery

Issued by City Lodge Hotels 25 Oct 2023

Markets & Investment

It's easier than you think to invest offshore: just consider these 5 facts

23 Oct 2023

A combine harvests wheat in a field in Almaty Region, Kazakhstan July 14, 2021. Source: Reuters/Pavel Mikheyev/File Photo.

Agriculture

Egypt in talks for Emirati funding to buy Kazakh wheat, says traders

Issued by 26 Sep 2023

A combine harvests wheat in a field in Almaty Region, Kazakhstan July 14, 2021. Source: Reuters/Pavel Mikheyev/File Photo.

Agriculture

Egypt in talks for Emirati funding to buy Kazakh wheat, says traders

Sarah El Safty and Michael Hogan 26 Sep 2023

SA operations were the few positives in a tough H1 2023 for Sibanye-Stillwater. Source: x.com

Energy & Mining

Sibanye-Stillwater trading statement shows decline amid market challenges

Lindsey Schutters 18 Aug 2023

UAE, Egypt sign $500m wheat deal

Agro-processing

UAE, Egypt sign $500m wheat deal

Sarah El Safty 15 Aug 2023

Haul trucks at Jwaneng diamond mine. Source: Debswana.com

Mining

De Beers agrees to give Botswana more rough diamonds in new sales pact

Clara Denina and Brian Benza 3 Jul 2023

Source: Reuters.

Economy

Countries seek Brics membership, driven by desire for common currency

Katja Hamilton 27 Jun 2023

Zimbabwe aims to double power output by 2025 to meet mining demand

Energy

Zimbabwe aims to double power output by 2025 to meet mining demand

Nyasha Chingono 2 Jun 2023

Source: Reuters.

Finance

Zimbabwe announces new measures to aid ailing local currency

Nyasha Chingono 30 May 2023

Banking

Hike in false card declines a red flag

25 May 2023