GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Continues Shaky Recovery currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.
SUMMARISED UNAUDITED RESULTS FOR THE QUARTER ENDED 31 MARCH 2021
Astoria is a Mauritian domiciled global investment company with primary listings of its shares on the Mauritius
Stock Exchange (âSEMâ) and the JSE Limited(âJSEâ). Astoria aims to grow its Net Asset Value (âNAVâ) per share,
measured in US Dollars (âUSDâ or â$â), at a high real rate over time.
These summarised unaudited results for the quarter ended 31 March 2021 (âResultsâ) are reported in USD and
South African Rands (âRâ) pursuant to section 12.18 of the SEM listing rules, which requires Astoria to provide
quarterly reports to its shareholders.
Astoriaâs valuation policy is to perform detailed valuations of unquoted investments for interim results (June
April 13, 2021 - Written by James Fuller
Despite a lack of particularly strong South African data lately, the British Pound to South African Rand (GBP/ZAR) exchange rate has been struggling to recover from its worst levels since last week. Sterling remains broadly appealing, but was only able to advance more easily after today’s US data weakened market sentiment and made the South African Rand less appealing.
Last week saw broad losses for the Pound, and the South African Rand capitalised to knock GBP/ZAR to its worst levels since the beginning of the year. GBP/ZAR opened the week at the level of 20.27 before slumping and touching on that multi-month low of 19.90.
Africa is already a hotspot for counterfeit pharmaceuticals and challenges with equitable COVID-19 vaccine distribution could fuel criminal activity, including fake vaccines.
Vaccine grabbing seen fueling risk of fake COVID-19 jabs in Africa Reuters 7 hrs ago Police seize hundreds of fake vaccine doses in S. Africa Analysts say hoarding by rich nations raises risk of scams Africa already a hotspot for counterfeit pharmaceuticals
By Nita Bhalla
NAIROBI, April 9 (Thomson Reuters Foundation) - The unequal global distribution of COVID-19 vaccines could spur the trade in fake doses in Africa - a hotspot for counterfeit medicines, analysts warned on Friday, citing the seizure of falsified vaccination shots in South Africa.
With poorer countries grappling to procure enough vaccine doses for their people, criminals will likely see an opportunity to profit, especially in Africa where imports account for more than 80% of pharmaceutical needs, they said.