Led by Kumba Iron Ore.

As market bets on dovish US Fed.

South Africa’s rand strengthened against the dollar early on Wednesday, helped by investors’ appetite for riskier assets on expectations that the U.S. Federal Reserve will delay hiking interest rates. At 0615 GMT the rand was trading 0.4 percent stronger at 11.8375 to the dollar compared with its closing level on Tuesday. “Rand gains have been

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It's a Greenspan conundrum.

Widest gap since 1966.

Volvo, Asos, SABMiller among firms pursuing natural hedges.

Kumba Iron Ore the biggest blue-chip decliner.

On US nonfarms jitters.

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South Africa’s rand consolidated its overnight gains against the dollar Thursday, but could struggle to hold its ground given weak domestic economic fundamentals and looming rate hikes in the United States. At 0647 GMT, the rand traded 0.43 percent firmer at 11.9440 to the greenback, compared with Wednesday’s close at 11.9950 in New York. Government bonds were similarly firmer,