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South Africa’s rand fell to its weakest in more than three weeks on Monday, as fears about the economic fallout from rising COVID-19 cases dented investors’ appetite for riskier assets.
South Africa’s rand firmed against the dollar early on Wednesday, ahead of domestic consumer price inflation figures and the U.S. Federal Reserve’s monetary policy decision.
The South African rand fell against the dollar in early trade on Tuesday, amid growing concerns over U.S.-China tensions and rising violent protests across the United States.
South Africa’s rand raced to its highest in more than eight weeks against the U.S. dollar on Tuesday, as optimism about a global recovery from the COVID-19 pandemic boosted riskier assets, with investors looking past Sino-U.S. trade tensions.
South Africa’s rand firmed against the dollar early on Wednesday after President Cyril Ramaphosa announced a 500 billion rand ($26.41 billion) rescue package on Tuesday evening to cushion the economic blow of the COVID-19 pandemic.
South Africa’s rand weakened early on Monday as the dollar gained against riskier currencies with investors watching developments in the China-U.S. trade dispute and a slew of domestic and global economic indicators this week.
Ekiti State governor and Chairman, Nigeria Governors’ Forum, Kayode Fayemi, has said that for the country to attain socio-political and economic greatness, it must be re-created to satisfy restructuring agitations.
The Presidency has said that artisans in 11 states and the FCT have started receiving the N30,000 one-time grant under the Artisan Support Scheme of the Federal Government.
Mr Damilola Soneye, (APC – Obafemi Owode), a member of Ogun House of Assembly, has appealed to Gov. Dapo Abiodun to urgently fix the urban roads in Obafemi-Owode Local Government Area of the state.
Manchester City have won the race for exciting Partizan Belgrade winger Filip Stevanović.
The Africa Centres for Disease Control and Prevention on Friday urged the African continent to brace itself for possible second wave COVID-19 infections.
Public and private properties valued at N75 billion were lost to looters in Plateau State in the aftermath of the recent #EndSARS protest.
Jose Mourinho believes Tottenham must accept Gareth Bale is "a different player" to the wing wizard that Real Madrid prised away from north London seven years ago.
Bright Osayi-Samuel has been omitted from Queens Park Rangers squad for Tuesday (tonight) Sky Bet Championship clash against Barnsley after turning down a new contract.
Stocks slumped to their lowest level since May. The region-wide Stoxx 600 index fell 3 per cent on Wednesday and has lost more than 5 per cent since the end of last week as local markets in Frankfurt, Paris and London have endured bouts of selling. Wall Street’s benchmark S&P 500 index closed down 3.5 per cent. London’s FTSE fell 2.8 per cent.
Nasarawa State House of Assembly has directed the state Judiciary Staff Union of Nigeria (JUSUN), the State High Court and Judicial Service Commission, to resolve all contending issues between them within two weeks.