Rand recovers from worst levels

As we all unwound on Friday in readiness for the weekend, the rand staged a last minute recovery against the US dollar, euro and pound.

While high-impact data is in short supply at the start of this week, we all know it doesn’t take much to keep the currency market on its toes. The German IFO business confidence reports could have a modest impact on the EUR/ZAR exchange rate this morning, with improved sentiment potentially boosting the euro.

And there’s more confidence data on the cards tomorrow, this time from the US. Signs that consumers are in more upbeat frame of mind are generally good news for the US dollar, so the rand may start feeling the heat again if the report impresses.

Latest Rates

USD/ZAR 13.47
GBP/ZAR 17.86
EUR/ZAR 15.66
ZAR/JPY 8.06
CNY/ZAR 2.07
AUD/ZAR 10.00
CHF/ZAR 13.60
AED/ZAR 3.67
SGD/ZAR 9.92
NOK/ZAR
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Ahswin Willemse’s explosive letter:- Colleagues accuse SuperSport of racism

The Sunday Times reports that allegations of racism have been levelled against SuperSport management by at least four black presenters.

The letter, written by MVMT Attorneys, is now the subject of an investigation by law firm Webber Wentzel, according to the Sunday paper.
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Suid-Afrika se voorste amateur-gholfspelers storm voort in Britse toernooi

Suid-Afrika se voorste amateur-gholfspelers se goeie week in Skotland duur voort, met vyf van die land se jong sterre wat Donderdag in aksie sal wees in die Britse Amateurkampioenskap se ronde van 32.

En met twee wedstryde waarin twee Suid-Afrikaners mekaar pak, sal die land minstens twee, en moontlik drie, in die ronde van 16 hê.

Wilco Nienaber, wat Dinsdag die houespel-afdeling van die kampioenskap gewen het, was Woensdag steeds vuurwarm terwyl hy die Sweed Niclas Weiland ’n drag slae van 5 & 4 by die Royal Aberdeen-klub gegee het. Hy was nooit in die moeilikheid nie en het goed aangepas by die reënerige weer.

“Dis baie bevredigend, want jy kan maklik uitval in die eerste ronde (van die putjiespel-afdeling),” het Nienaber volgens ’n verklaring van die R&A gesê.

“Ons het ander weer en wind (as vroeër in die week) gehad, so die eerste nege putjies was teen die wind en taai. Maar ek dink ek het heel goed gespeel. Ek is regtig gelukkig.”

Die 18-jarige Nienaber, wat verlede jaar 12 titels gewen het en die land se voorste amateur is, is die enigste van die vyf Suid-Afrikaners wat nie Donderdag ’n landgenoot sal pak nie. Die Bloemfonteiner se volgende teenstander is die Switser Perry Cohen.

Malcolm Mitchell, Jovan Rebula, Luca Filippi en Therion Nel moet egter nou ’n vriend oorkom om lewend in die kompetisie te bly.

Mitchell, ’n Durbaniet, het die Aussie Ben Ferguson Woensdag met 2-voor verslaan en sal nou te staan kom teen Ernie Els se susterskind, Rebula.

Rebula was met 2 en 1 te sterk vir die Engelsman Billy McKenzie.

Rebula, wat in George grootgeword het en ’n lid van sy oom se Ernie Els-stigting was, het gesê hy verwag ’n moeilike wedstryd teen sy landgenoot.

“Malcolm is ’n vegter. Hy het ’n goeie putjiespel-rekord, want hy gee nooit moed op nie. Ek dink ons sal ’n lang wedstryd hê. Dit behoort ’n groot stryd te wees,” het hy gesê.

Elders sal die Kapenaar Filippi en Bloemfontein se Nel mekaar pak.

Filippi het die Italianer Stefano Mazzoli met 3 en 1 verslaan, terwyl Nel die Engelsman Liard Shepherd by die 19de putjie geklop het.

“Therion het ’n reuse-sethou by die 18de gesink om sy wedstryd te laat voortduur en daarna ’n 18 voet-sethou ingerol om te wen. Hy gaan beslis nie net omrol nie,” het Filippi gesê.

Die sesde Suid-Afrikaner in die ronde van 64, Matt Saulez, het die kampioenskap se eerste kolhou aangeteken by die 11de putjie, maar kon nie vasbyt vir ’n sege nie. Die Engelsman Benjamin Jones het hom met 2-voor geklop.


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South Africa vs England 3rd Test: team news, kick off and live stream

Newlands is bracing for what could be its final international, as the Springboks prepare to take on England in the final Test of the three-match series on Saturday.

The hosts go into the clash in high spirits, having clinched the series in Bloemfontein, allowing coach, Rassie Erasmus a chance to tweak his side going into the match, with no less than five changes made.
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Weekend travel information for 22 June 2018

Here is our weekly travel update to help you get around London this weekend, 23 and 24 June, and also the following week.

Most of the network will be open with services running as normal, so you’ll be able to get wherever you need to go, but to ensure your journey goes smoothly please check if any of the following affect you.

London Underground

Circle line
From Saturday 23 to Sunday 24 June, there will be no service between Paddington and Hammersmith. This is due to Line Modernisation work.

Hammersmith & City line
From Saturday 23 to Sunday 24 June, there will be no service between Paddington and Hammersmith. This is due to Line Modernisation work.

London Overground
After 22:30 tonight, Thursday 21 June, there will be no service between Hackney Downs and Chingford. This is due to Network Rail track work.

On Sunday 24 June, the
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Junior Bok Rugby News: Baby Bok cops lengthy ban for verbal abuse

Junior Boks’ hooker, Tiaan van der Merwe will be out of action for six weeks, thanks to a foul mouth.

The front-rower landed himself in trouble during his side’s semi-final defeat to England when he verbally abused one of the opposition’s lock forwards, Joel Kpoku.

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SA restaurant voted 50th best in the world

The Test Kitchen in Cape Town was awarded at The World’s 50 Best Restaurants 2018.

The awards ceremony of the The World’s 50 Best Restaurants was held on 19 June at the Guggenheim Museum in Bilbao, Spain. This glittering event attracts the very finest chefs from around the world, as they gather to celebrate (and perhaps, commiserate) at the highest profile event in the fine dining restaurant calendar

Eat Out No. 1 restaurant for the past 5 years, The Test Kitchen, was awarded position 50 and Best Restaurant in Africa. The extraordinary team of chefs is lead by SA superstar, Luke Dale Roberts. In last year’s awards, The Test Kitchen was placed 63rd, demonstrating a gain of 13 positions, and a re-entry into the prestigious top 50. Luke is also group chef for The Pot Luck Club and The Shortmarket Club.

With The Test Kitchen being awarded places in the top 50 best restaurants worldwide, they are ranked higher than some other prestigious establishments such as The French Laundry (USA, 86), St John (UK, 84) and The Fat Duck (UK, 74).

Congratulations to Chef Luke and all our hardworking and talented South African chefs, we’re all very proud of you!


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ZAR extends losses against the US dollar

The past few months certainly haven’t been kind to the rand, with the emerging-market currency tumbling 13.6% against the US dollar so far this quarter.

But it appears that the South African Reserve Bank (SARB) won’t be taking any sudden action to bolster the currency.

Yesterday SARB Deputy Governor Kuben Naidoo was quoted as saying: ‘If there is persistence in that currency weakness and it feeds into other prices, we would have to act. It’s not an immediate response, we will wait – because the economy is weak we can afford to wait and see. That may be a few months, maybe a few quarters’.

Today’s high-profile South African inflation report is the main news to focus on, with an unexpected result having the potential to spark yet more rand volatility.

Latest Rates

USD/ZAR 13.77
GBP/ZAR 18.10
EUR/ZAR 15.89
ZAR/JPY 8.01
CNY/ZAR 2.11
AUD/ZAR 10.11
CHF
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Bok Rugby News: Brits likely to make Bok return in Newlands Test

Springbok coach, Rassie Erasmus has indicated that veteran hooker, Schalk Brits could be making a return to Test rugby at Newlands on Saturday.

South Africa took an unassailable 2-0 lead in the three-match series against England, following another come-from-behind victory in Bloemfontein, running off 23-12 victors.
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China visa scam: SA government won’t give financial relief to stranded teachers

The 50 South Africans who fell prey to a work visa scam in China will not receive any financial help from their own government. That’s according to the parents who are fighting tooth and nail to get their children home.

Sucked in by the promises of Owen Wong – a man who claimed to represent a company called Sanda Youth International – the group thought they would be taking up a position to teach English as a foreign language to local children.

They arrived in the country without a hitch, but Wong convinced the would-be teachers that he needed their passports to finalise all of their work visas.
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