The rand remained stable during much of Friday’s trading session as traders assessed the South African Reserve Bank’s decision to keep interest rates unchanged.
It also remains sensitive to the ongoing efforts to reduce the steep US tariffs on imports from South Africa. The rand was trading at 17.34 to the dollar, only slightly different from its previous closing value.
On Thursday, South Africa’s central bank decided to maintain its key lending rate at 7%, opting not to ease monetary policy further while it evaluates the…
International Awards: South African journalists and publications have received
international recognition for their work, highlighting the country’s media excellence.

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Kazakhstan: You have two cows. They are both better cows than cows from Uzbekistan, who have bones in their brain.
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Fun South African Fact: In 2006, South Africa became the first African country and the fifth country in the world to recognize same-sex marriage.