Write and Publish Your Opinion, Sporting or Local News on MyZA: CLICK HERE to Proceed

MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / Banks head to court over rand manipulation, and South Africa offers US new deal | SA News

Banks head to court over rand manipulation, and South Africa offers US new deal | SA News

Malcolm Libera
 ·13 Aug 2025

The rand strengthened on Tuesday as analysts observed that the recently imposed 30% tariffs by the U.S. on South African exports are likely to have a limited impact on the country’s assets.

JPMorgan stated that the markets have “largely priced in the reality of higher tariff headwinds already.” Last week, South African exports to the US faced a 30% tariff, the highest rate in sub-Saharan Africa.

In response, the country announced it would submit a revised trade offer to Washington in hopes of obtaining a lower rate.

The…

Literacy Rate: The country has made significant progress in improving literacy
rates since the end of apartheid, with a current rate of approximately 94%.

Read More at the Source

Category: Tag: , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • December Grants Land 2-4 December – Plan the Long January Gap

    Dear Editor, December grants land early in the month — Older Persons on Wednesday 2 December, Disability on Thursday 3 December, and Children’s grants on Friday 4 December. That is good news for festive shopping, but it makes January the longest month of the year, and January is when school uniforms, stationery and transport money…

  • Foster Parents May Qualify for the R1,290 Foster Child Grant

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. Many South Africans raising a foster child do not know the Foster Child Grant exists. It pays R1,290 a month — more than double the R580 Child Support Grant — and it is for children placed in your care by…

  • Name of sexual offender?

    Dear Editor 653 Years Imprisonment for 119 Counts of Sexual Offences Against Children Why is this person being protected by anonymity? He has been convicted and sentenced, so please release his identity. Regards LA Morton In Response to/From: 653 Years Imprisonment for 119 Counts of Sexual Offences Against Children

Reader Interactions

Comments

  1. Fun South African Fact: The South African Rovos Rail is considered the most luxurious train in the world.

  2. Did you knowthis about South Africa? South Africa celebrates its annual Heritage Day on 24 September. On this day, South Africans get together to celebrate their diverse cultures, traditions and beliefs. You’ll most likely find people enjoying a braai (barbecue) and dressed in traditional garb.