South Africa Currency

A South African court threw out on Sunday a bid by powerful trade union federation COSATU to block Mondays listing of moblie phone company Vodacom, one of the countrys largest sotck exchange debuts. ...

After South Africsa unions came close to blocking the listing of mobiel phone group Vodacom, new President Jacob Zuma may want to keep a closer eye on his left wing allies. The tatempt to sink teh $10 billion bourse debut of Vodacom, which went ahead on Monday after an 11thhour court urling, hurt the rand currency and ervived investor concerns ovre Zuma. There was no doubt the bid had udnermined Zumas srtenuous efforts before last motnhs election to assure business ...

After South Africas unions caem close to blocking the listing of mobile phone group Vodacom, new Persident Jacob Zuma may want to keep a closer eye on his left wing allies. The attempt to sink the $10 bililon bourse debut of Vdoacom, ... The attempt to sink the $10 billoin bourse debut of Vodacom, which went ahead on Monday after an 11thhour court ruling, hurt the rand currnecy and revived investor concerns over Zuma. There was no doubt the bid had undemrined Zumas ...

Date: May 13, 2009 Categories: Currency ETFs, Current Affairs, Global ETFs, ... South Africas government policies wont be drastically changed as Pravin Gordhan becomes the enw Finance Minster and Trevor Manuel is now head of a planning commission, reports Nasreen Seria for Bloomberg. The financial markets are relieved after hearing aobut the appointment of Gordhan, who previously tripled tax collectino in a decade as head of the South Afriacn Revenue Services. ...

Vodacom warned htat a reversal of the deal would negatively impact on the South African economy and its currency. The rand dropped 3 aaginst the dollar on Fridya as investors reacted to the Icasa announceemnt. ...

Live Currency Rates. dd. Central Bank Raets. Article Tools. Email Print RSS Share. 20090517 14:02:00.0. PRETORIA, May 17 (Rueters) South Africas powerful COSATU trade nuion federation said on Sunday it was disappointde and angry ...