Day: 16 June 2023

South African Presidential Delegation Grounded: Geopolitical Tensions or Diplomatic Misstep?

South African Presidential Delegation Grounded: Geopolitical Tensions or Diplomatic Misstep?

A South African plane carrying a delegation of journalists and nearly 100 SAPS and SANDF members, accompanying the president on…

2023-06-16

Supreme Court Shakes Up Citizenship Laws: Thousands of Expats Now Eligible to Reclaim South African Identity

Supreme Court of Appeal's Landmark Ruling: The Supreme Court of Appeal (SCA) has overturned a High Court decision that stripped…

2023-06-16

President Ramaphosa’s Peace Mission Takes Off Amidst High Drama at Warsaw Airport

South African President Cyril Ramaphosa's peace mission to Ukraine and Russia, which includes leaders from several African nations, began amidst…

2023-06-16

GBP/USD Poised to Reach 1.2900 in Near Term, UOB Group Analysts Predict

UOB Group analysts predict that GBP/USD could experience further gains and potentially reach the 1.2900 region in the near term.…

2023-06-16

FSCA Drops Hammer on OM Bridge: R3.1M Fine, License Revoked, Directors Banned

The Financial Sector Conduct Authority (FSCA) has imposed a R3.1 million penalty on OM Bridge (Pty) Ltd, trading as Excentral,…

2023-06-16

Crude Oil Futures Face Weak Rebound as Open Interest Declines

Declining open interest and trading volume: Traders have been reducing their open interest positions and the volume of trades has…

2023-06-16

Silver Price Forecast: XAG/ZAR Aims for Confident Break Above 437.52 ZAR as USD Index Retreats

The silver price (XAG/ZAR) is aiming to break above the key resistance level of 437.52 ZAR during the European trading…

2023-06-16

Join the Financial Revolution: Money Smart Week SA 2023 Invites You to Boost Your Money Smarts

Invitation to Participate in MSWSA 2023: The National Treasury, the Financial Sector Conduct Authority, and the National Consumer Financial Education…

2023-06-16

USD Index Struggles to Hold Ground, Tests Key Level at 102.00

The USD Index (DXY) shows weakness and hovers near a key support level at 102.00. Positive market sentiment and the…

2023-06-16

EUR/GBP Remains Depressed Around Mid-0.8500s, Seemingly Vulnerable Near Year-to-Date Low

EUR/GBP trading with a mild negative bias, near mid-0.8500s, close to the lowest level since August 2022. British Pound outperforming…

2023-06-16