NewsZAR MAKES BRIEF RECOVERY AFTER FALLING TO 6 MONTH LOWS
The South African Rand has had a bit of trouble finding stability lately, ZAR fell from dizzy heights to its lowest comparison against the dollar in a six month period, this recent whipsaw price action comes in recent weeks and on the back of some weak Chinese economic data, extensions in power cuts across South Africa, as well as our Russian alliance’s war against the Ukraine, negative and relentless unemployment reports and inflation that sees consumers pinching every penny amid this crisis, here we touch on a few of the many issues stifling the economic growth in South Africa.
NewsGuide on How to Create a trading account for South African traders
As Forex trading is becoming increasingly popular in South Africa today, many traders are now curious to learn how to create a trading account. To create a trading account one needs to have a valid email address, contact phone number, and valid identity card. We have simplified the process in this work for new traders seeking to open an account today.
NewsDANGOTE WOULD INVEST IN THE STEEL INDUSTRY AND STOP OBTAINING FOREX FROM THE CBN.
In keeping with its commercial development strategy, the Dangote Group said on Thursday that it was diversifying into the steel sector due to its huge potential.
NewsMillions withheld from Australian online traders as broker has licence stripped and accounts frozen
A muscle-flaunting Melburnian who boasts about his sports car collection and playing poker with underworld figure Mick Gatto is at the centre of a company holding millions of dollars in clients' money that can not be accessed.