Rand on shaky ground
The rand is “treading water” around R16 to the dollar at the moment, as global uncertainty has markets in a ‘wait-and-see’ mode, and tensions in the Middle East push traders into gold.
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The rand is “treading water” around R16 to the dollar at the moment, as global uncertainty has markets in a ‘wait-and-see’ mode, and tensions in the Middle East push traders into gold.
South Africa is considering a revised trade deal from the United States.
South Africa has sent officials to the United States to prepare for trade negotiations after attempting for months to strike a deal with the Trump administration to roll back steep tariffs.
For the moment, the ties that bind them centre primarily around energy.
The company maintained an energy availability factor at 65% or above in the past three weeks, Marokane said.