News in South Africa 25th July: 1. Rand makes a comeback: The rand is looking set for a tough week ahead, with US rate hikes likely to weaken the local currency. The rand has been one of the worst-performing major currencies in the world and reached a record high of nearly $20.00/$ in May. The […]
News in South Africa 29th December: 1. Return to lockdown level 3 and no alcohol: President Cyril Ramaphosa has announced that South Africa will move back to lockdown level 3, taking effect from midnight tonight. In an address on Monday evening (28 December), Ramaphosa said that the move is being done to limit super-spreader events […]
