·5 Dec 2025
The South African rand strengthened on Thursday as the government began selling dollar-denominated eurobonds for the first time since 2024, when it raised $3.5 billion.
The rand was trading at 16.9750 against the dollar, up approximately 0.4% from Wednesday’s close and reaching its best level in three weeks.
Deutsche Bank announced via a notice on the London Stock Exchange that the initial price guidance for both the 12-year and 30-year bonds falls within the range of 6.625% to 7.750%.
This contributed to the stronger…
Mineral Wealth: South Africa is rich in natural resources, including gold, platinum,
diamonds, coal, and chromium, contributing significantly to the economy.
Manmaker
Sweden: You have two cows. You offer them to the government, who gives everybody milk.
Nutmeg
Hoezit /Howzit – How is it going? How are you? A common greeting which is often used instead of “hello” and “how are you?” It combines the two phrases into a simple, “Howzit”, thereby saving time.Example: “Howzit my bru!”