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Eskom severe storm warning for South Africa, and major banks shutting branches and ATMs | SA News

Staff Writer
 ·31 Dec 2025

The South African rand is holding steady in thin year-end trade, holding the year’s gains against a weaker dollar.

On Tuesday, the rand traded at R16.67 against the dollar, a whisker away from its closing level on Monday, while the greenback hovered around its lowest levels in three months.

On Wednesday, 31 December, the unit strengthened to approximately R16.60 per $, entering the new year on a firm footing.

South Africa’s risk-sensitive currency is on track to gain about 12% against the dollar this year.

That is the…

Mountains: The Drakensberg mountain range is the highest in Southern Africa,
with peaks reaching over 3,400 meters.

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