RAND NEWS ON FASTMOVING

Johannesburg - South Africa's consumer inflation quickened slightly to 6.1% year-on-year (y/y) in April from 6.0% in March, breaching the top end of the Reserve Bank's target band once again, Statistics South Africa data showed on Wednesday.  read more

Johannesburg - The Reserve Bank will maintain current interest rates, governor Gill Marcus said on Thursday. read more

Comments by Department of Energy Officials that the mechanism for calculating the basic fuel price should be reviewed have been welcomed by the Democratic Alliance and the Cape Chamber of Commerce and Industry.  read more

Johannesburg - The rand slid against the dollar in late afternoon trade on Wednesday after worse than expected local retail sales data as well as strong support for the greenback against the euro following remarks made yesterday by the Federal Open Market Committee (FOMC).  read more