Tue May 30 03:30:31 CAT 2017
Cost-cutting steps changed: National Treasury

The National Treasury appears to have watered down cost-cutting measures introduced during axed fina.

Rand hits six-month low

By unknown | 2010-05-21 00:00:00.0

THE rand slumped yesterday to past R8 to the US dollar, following concerns over Europe's debt problems.

THE rand slumped yesterday to past R8 to the US dollar, following concerns over Europe's debt problems.

The currency hit a six-month low yesterday as investors decided to off-load risky assets. This was the first time the rand had breached the R8 a dollar mark since early November, "reminding everyone that it is geared to the global economic cycle." - Sapa

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