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Big secret about electricity costs to be revealed, and China targets collapsing industry in South Africa | SA News

Malcolm Libera
 ·3 Nov 2025

The South African rand weakened this week, along with other emerging market currencies, as the dollar strengthened amid uncertainty regarding further US rate cuts.

This shift followed the Federal Reserve’s more conservative stance on interest rates. The rand was trading at 17.36 against the dollar, down 0.4% from Thursday’s close.

On Wednesday, the US central bank reduced interest rates by a quarter of a percentage point for the second time this year, lowering the benchmark overnight rate to a target range of 3.75% to 4%.

The…

Water Resources: The country has several major rivers, including the Orange River
and Limpopo River, which are essential for agriculture and water supply.

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