[ad_1] The dismissal of the Competition Commission’s rand manipulation case has raised corners over a lack of transparency in the banking sector. The Competition Appeals Court dismissed the case against…
Tag: rand
South Africa’s rand manipulation case falls apart
[ad_1] The Competition Appeals Court has dismissed the Competition Commission’s rand manipulation case against the majority of banks – both local and international – accused of rigged trades involving the…
South Africa’s ANC Wants Banks Prosecuted Over Rand Manipulation
[ad_1] South Africa’s ruling African National Congress said commercial lenders found to have manipulated the nation’s currency should be charged with economic sabotage. Standard Chartered Plc admitted this week to…
South Africa scores another major own-goal for the rand
[ad_1] Global financial market sentiment is risk-on, and the global market for metals has picked up, creating a favourable market for emerging market currencies. However, this is for emerging market…
US Senator Rand Paul performs Heimlich on Senator Joni Ernst
[ad_1] Rand Paul of Kentucky performs the Heimlich manoeuvre on fellow Republican Joni Ernst of Iowa. [ad_2] Source link
Experts: How the rand was fiddled | The Citizen
[ad_1] Although banks implicated in the rand manipulation saga may be expected to pay hefty fines, consumers may have suffered, according to experts. They say if the manipulation severely affected…
SIM TSHABALALA | We did not rig the rand – but open debate shows SA’s strengths | Business
[ad_1] Standard Bank CEO Sim Tshabalala. Standard Bank has not manipulated the value of the rand or engaged in any anti-competitive or criminal conduct, writes the bank’s CEO Sim Tshabalala. …
South African rand slips after mixed economic data
[ad_1] South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration Acquire Licensing Rights JOHANNESBURG, Nov 21 (Reuters) – South Africa’s rand slipped on…
Rand, bonds firm as medium-term budget shows commitment to cost cutting, fiscal discipline | Business
[ad_1] South African flag and South African Rand cash bills and coins (money, economy, business, finance, inflation, crisis) The South African rand firmed on the release of the medium-term budget…