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SOUTH AFRICAN RAND
How weaker dollar is quietly making life more expensive for AmericansA weaker US dollar, down about 10% since early 2025, is quietly increasing costs for Americans, impacting everything from vacations to groc...- Thomas Cook India adds 16 currencies to its prepaid forex cardsThomas Cook India has increased its prepaid Forex Card offerings to 28 global currencies. This expansion caters to growing travel demand to...
- Triveni Turbine rises 3% as arm to buy stake in TSE Engineering"Our wholly-owned subsidiary Mis Triveni Turbines DMCC has signed an agreement for acquisition of 70 per cent equity shares of TSE Engineer...
- South Africa seizes USD 1.3 million from Gupta company's bank accountSouth African Reserve Bank (SARB) Deputy Governor Kuben Naidoo published a notice in the Government Gazette, declaring the amount and inter...
- Pakistan-owned HBZ Bank sanctioned by South Africa's central bankThe South African Reserve Bank (SARB) cautioned HBZ not to repeat the conduct which led to the non-compliance with "suspicious and unusual ...
- Cipla's subsidiary to buy South Africa's Mirren for 450 mn South African RandCipla said the acquisition of Mirren, which specialises in over the counter (OTC) pharmaceutical products, will strengthen its market posit...
- Rupee among top 10 EM currencies since May 2014India has seen two interest rate cycles as we entered a rising rate trajectory in June.
- India created over 10,000 jobs in South Africa: MinisterIndia is now South Africa's sixth largest trade partner, with trade in last year being almost 95 billion rand, with a trade surplus in favo...
- Tata Communications to sell Neotel stake to Vodafone South Africa armTransaction documentation relating to the restructured transaction was submitted to the Competition Tribunal (Tribunal), Tata Communication...
- Neotel, Vodafone South Africa renegotiating USD 498 million acquisition dealIn dollar terms, the value of transaction at that time was around USD 676 million which has come down to USD 498 million due to depreciatio...
- Dubai exchange launches 3 new emerging market currency futuresThe new contracts, Russian Ruble Futures, Korean Won Futures and South African Rand Futures, went live on Friday, December 26.
- Steel baron Lakshmi Mittal drops down South Africa rich listMittal's 52 per cent holding in ArcelorMittal, worth 6.3 billion rands, now places him at 13th position from 9th last year, 3rd before that.
- Cipla unit gets 345 million rand contract from South AfricaUnder the contract, which will run from July 2014 to April 2017, the company will supply drugs including Beclate 100, Becalate 200 and Asth...
- GlaxoSmithKline completes sale of Aspen shares, raising $694 millionGSK has completed the sale of 28.2 million shares in Aspen Pharmacare at 250 rand each, raising gross proceeds of 7.059 billion rand.
- Manipal Group ties up with Durban University of Technology for cooperation in education & trainingManipal Group, with the assistance of FirstRand Bank, has signed a MoU with Durban University of Technology in South Africa.
- South Africa sees India trade rising to $15 billion by next yearSouth Africa, the latest entrant to BRICS block of emerging nations, has said it expects the bilateral trade with India to reach $ 15 billi...
- SAfrican rand at near three-year high to dollarSouth Africa's currency is trading at an almost three-year high against the U.S. dollar, raising concerns about how strong is too strong.
- Life Healthcare flat in debut after $687 mln IPOSouth African private healthcare group Life Healthcare was flat in its stock market debut on Thursday, after raising $687 million in an IPO...
- JSW Energy buys 49.8% in Royal BafokengSajjan Jindal-led JSW Energy on Friday announced acquisition of part of a company that owns shares in South African Coal Mining Holding for...
- Lakshmi Mittal richest business tycoon in South AfricaMittal narrowly beat South African businessman Patrice Motsepe of African Rainbow Minerals, whose stake value stood at 14.246 billion rand....
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