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1-10 results from 843 for query «rand»

September 17, 2018 3:27 PM Media reports the main reason Standard Bank kicked Guptas to the kerb

The bank’s retired head of legal also said they were following Absa’s lead, amid concern that the family was up to no good. Standard Bank’s retired head of legal Ian Sinton testified on Monday before the Commission of Inquiry into State Capture on Monday about why his bank decided to shut down business accounts linked to the controversial Gupta family 5

August 21, 2018 6:29 AM Nando’s to open four more branches

ZSE — listed Simbisa Brands Limited plans to open four new branches of its Nandos subsidiary within the next 12 months, as well as refurbish some of the existing restaurants. Speaking at the official opening of the newly refurbished Msasa Food Court — rebranded to Casa Msasa — Simbisa Brands managing director Warren Meares, said it took them nearly nine weeks 28

August 14, 2018 6:57 PM South Africa to eradicate pit latrine toilets in schools

South Africa is to get rid of all pit latrines in state schools within two years after a five-year-old pupil drowned in a toilet in March. “This is an initiative that will save lives and restore the dignity of tens of thousands of our nation’s children,” President Cyril Ramaphosa said. Pit latrines are holes in the ground covered with a platform – and many are shoddily 18

March 25, 2018 12:13 PM Zim could earn $200m/yr if it adopts Rand, claims Minister

Zim could earn $200m/yr if it adopts Rand, claims Minister VICTORIA FALLS: Finance deputy minister Terrence Mukupe has said Zimbabwe is losing a potential $200 million per annum which it can earn if it joins the Common Monetary Union and adopt the South African rand. Zimbabwe adopted a multi-currency system in 2009 but the US dollar resultantly overrode 131

February 16, 2018 1:38 AM Ramaphosa succeeds Zuma as South African president… promises to tackle corruption

Cyril Ramaphosa has become South Africa’s president a day after embattled leader Jacob Zuma resigned. He was the only candidate nominated by parliament, which is dominated by his African National Congress. MPs broke into song at the announcement. In his first presidential speech, Mr Ramaphosa, 65, said he would tackle the corruption which allegedly became 40

October 21, 2017 3:57 PM Biti Unmasks Hopeless Chinamasa

Former Finance minister Tendai Laxton Biti has no kind words for President Robert Mugabe’s government which he said cannot be expected to fix Zimbabwe’s problems and he tells Deputy Chief Writer Tendai Kamhungira in this interview that it would be foolhardy to expect the regime to mend the economy when it is responsible for its current mess. A: I think 32

October 16, 2017 11:52 AM Zimbabwe police scaring tourists including 10-year-olds!

Zimbabwe is an expensive tourist destination if one measures the value of the Rand (or Pula) against the Dollar and consider the most expensive border fees in the region. The average South African middle class tourist, therefore, really has to save up and budget when considering a holiday in Zimbabwe. It is such a scenic country that a visit, nevertheless 63

October 10, 2017 12:43 AM Tsatsa retains Imbube King’s Marathon title

The 42-year-old won the race in three hours 3 hours 08 minutes 10 seconds. The veteran Zimbabwean runner walked away with R50 000, a floating trophy and the majestic and royal winners’ handshake from His Majesty King Mswati III at the prize giving ceremony held at Somhlolo National Stadium. “For a slower runner like me the route is not as bad but for a fast runner 75

October 1, 2017 11:56 PM BIG INTERVIEW: There is no currency crisis, claims minister

Fears of a return to the hyperinflation era that preceded the introduction of the multi-currency system in 2009 were heightened in the past fortnight when the value of bond notes tumbled on the parallel market and prices of basic commodities shot through the roof. Panic-buying gripped Harare last weekend and on his return from the United Nations General 8

September 30, 2017 4:31 AM SA should have pressured Zim to use rand: Mangudya

RESERVE Bank of Zimbabwe governor John Mangudya yesterday said South Africa had let Zimbabwe down in 2008 when it facilitated a political settlement, but did not deal with economic changes which were at the core of the crisis back then. Speaking to civil society organisations led by the Crisis in Zimbabwe Coalition at a meeting to discuss the current 4