SA rand makes slight gain against US dollar
By Ashley Lechman | Published 16h ago
Ancho Capital said that markets were weighed down by losses in technology and mining sector stocks.
By Ashley Lechman | Published 16h ago
Ancho Capital said that markets were weighed down by losses in technology and mining sector stocks.
By Chris Harmse | Published Feb 24, 2025
The postponement of South Africa's National Budget Speech, initially met with market uncertainty, led to positive market sentiment as it demonstrated the Government of National Unity's continued influence over fiscal policy. Despite initial negative reactions, the JSE recovered and the Rand stabilised, showing investor confidence in democratic processes.
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