South Africa's rand was stable on Friday after a volatile week in which it weakened over the last-minute postponement of the national budget but then recovered thanks to buoyant global gold price. At 1508 GMT,

USD/ZAR strengthened on Wednesday as the South African rand weakened following the delay of the countrys budget announcement. South Africas national budget was postponed at the last minute on Wednesday due to

Officials say pro-business Democratic Alliance and senior figures in African National Congress objected to VAT rise

South Africa's rand weakened on Wednesday after the national budget was postponed due to disagreements within the coalition government.

For the first time since the end of white-minority rule in 1994, South Africa’s annual budget was postponed because of divisions in the governing coalition.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry,