currency

2 Results / Page 1 of 1

Background

Local

Inflation moderation brings hope for interest rate cuts

By Lee-Yandra Paulsen Annual consumer inflation continued its downward trend in April, as the consumer price index (CPI) recorded a year-on-year increase of 5.2%, down from 5.3% in March and 5.6% in February. Statistics South Africa reported that while general food inflation has slowed, the prices of vegetables, fruit, and hot beverages have remained elevated. Specifically, inflation for food and non-alcoholic beverages eased to 4.7% in April from 5.1% in […]

today23 May 2024

Local

Rand slips amid continuous rolling blackouts

The rand has weakened by more than 1% on Monday, and continues to trade at its weaker level on Tuesday morning at R17, 60 to the US dollar. This is, however, in line with weakness in other emerging market currencies on the back of a stronger dollar. The dollar’s strength can in part be explained by the expectation of a continued rise in US interest rates to combat the highest […]

today7 February 2023

VOC became the first Muslim radio station in South Africa when a special events license was granted to the station in Ramadan/January 1995. Subsequent temporary broadcast licenses were granted, permitting the station to broadcast for 24 hours.

Donate to our Pledgeline
Support our Mosques
Listen on Online Radio Box! Voice of the Cape

Listen Live

Western Cape’s No.1 Community Radio Station

0%