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Disaster for South Africa falls flat | SA News

Staff Writer
 ·24 Aug 2025

The market response to the US tariff disaster that hit South Africa this month has left analysts confounded and scratching their heads, with the rand barely showing a blip.

This is despite the country being hit with one of the highest trade tariffs among the United States’ trade partners and the Trump administration giving Pretoria the cold shoulder.

According to Aluma Capital chief economist Frederick Mitchell, many had anticipated a crash in the rand as the tariffs came into effect on August 7, but instead, the response has…

Parliament: South Africa has a bicameral parliament, consisting of the National
Assembly and the National Council of Provinces.

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  1. Eish! – an exclamation [Ay-sh] or [ee-sh] A Khoi term usually expressed when someone experiences surprise or shock.