South Africa Financial News

26.11 / 16:37

markets stocks Coronavirus BAT price hits new high after 30% daily rally as Basic Attention Token bucks crypto downtrend

Basic Attention Token (BAT) rallied to a new record high on Nov. 26 even as global markets plunged in tandem on fears about a highly mutated variant of Covid19 detected in South Africa.

26.11 / 16:19

Art restrictions COVID in Europe: Czechs declare state of emergency as Portugal reinstates restrictions

COVID-19 cases are on the rise again in various parts of Europe as the cold weather has affected the spread of the virus.

26.11 / 14:51

ETH BTC XRP BNB Bitcoin, Ethereum and Altcoins Nosedive

Bitcoin price failed to settle above the USD 58,500 resistance zone. BTC struggled to continue higher and started a sharp decline below USD 55,000, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa. It is currently (11:32 UTC) down almost 7% and traded to a new weekly low.

26.11 / 14:15

business cryptocurrency Bitcoin Variant Bitcoin price drops 8% amid fears of COVID B.1.1.529 variant discovered in South Africa. Here's why

Bitcoin tumbled almost 8 per cent on Friday after the discovery of a new, potentially vaccine-resistant coronavirus variant called B.1.1.529.

26.11 / 13:51

Ethereum MARKET Coronavirus Bitcoin covid variant Variant Selling Hits Crypto Market Again as New COVID Variant Spooks Traders

Selling pressure once again hit the crypto market on Friday, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa.

26.11 / 13:17

Art Vaccination rollout in Europe saved nearly half a million lives, WHO and ECDC say

At least 470,000 people aged 60 and over have been directly saved by the vaccines since the start of their rollout, data from 33 countries suggests.

26.11 / 11:13

Nikkei Variant fall Markets fall after South Africa raises alarm on new Covid-19 variant

Global equity markets and US stock futures fell after South Africa raised the alarm over a new, fast-spreading strain of the coronavirus.

26.11 / 09:13

Coronavirus covid variant Variant What we know so far about the B.1.1.529 COVID variant causing concern in South Africa

A new variant of COVID-19 that has been detected in South Africa is a "cause for concern," a top virologist has warned.

26.11 / 07:49

UPS NASDAQ DOW covid variant Variant Dow futures plunge 400 points amid fears of new Covid variant found in South Africa

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19.11 / 17:47

Lowe's JPMorgan South Africa’s rate hike leaves uncertainty over the rand and economic growth

The South African Reserve Bank has fired the starting gun on monetary policy normalization, but economists do not expect the hiking cycle to be plain sailing.

11.11 / 19:41

Southern South Africa Can’t Afford to Quit Coal. Will Rich Countries Pay for the Transition?

EMALAHLENI, South Africa—The gleaming new chimneys and hulking generators of what will soon be the second-largest coal-fired power plant in the Southern Hemisphere are at the center of South Africa’s $20 billion, 50-year bet to fuel economic growth and lift its population out of poverty.

11.11 / 14:15

Art News South Africa's last apartheid president de Klerk dies aged 85

South Africa's last apartheid president, Frederik Willem de Klerk, has died at the age of 85.

11.11 / 13:55

event cryptocurrency Future Crypto Fest 2021 Explores the Growing NFT and DeFi Ecosystem and the Future Ahead

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

11.11 / 12:35

Twitter FTX leads $150m Series C extension for Chipper Cash

Founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled, Chipper Cash is a mobile app that lets people transfer money across borders, fast and cheaply.Currently available in seven African countries - Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania and Uganda - as well as the UK, the startup claims to have four million users.The firm is looking to expand to new countries and has recently introduced a crypto product and will soon let users invest in US

10.11 / 12:27

Study Bitcoin Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors

Zimbabwe's Minister of Information publicly dismissed ongoing rumors about the country considering the adoption of cryptocurrencies and Bitcoin (BTC). Rather, Minister Monica Mutsvangwa clarified that the government of Zimbabwe is keen to experiment with a central banking digital currency (CBDC).

08.11 / 03:13

Twitter FTX leads $150m Series C extension for Chipper Cash

31.10 / 06:21

UPS EVA Bitcoin pension South Africa may disallow crypto investments for pension funds

South Africa features in the top 20 countries in the world, in terms of crypto adoption. Also, in a first, crypto trading in the country recently exceeded $141 million levels.

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