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Government going after pensions of foreigners in South Africa, and it gets worse for anyone who needs a new driving licence | SA News

Malcolm Libera
 ·25 Aug 2025

The rand strengthened on Friday, supported by a weaker dollar and a rebound in gold prices. 

This shift came after US Federal Reserve Chair Jerome Powell indicated a potential rate cut at the central bank’s September meeting. 

Throughout much of the week, the rand remained range-bound, despite South Africa’s economy recording its highest consumer inflation in ten months on Wednesday. 

Analysts noted that the Fed’s remarks during its Jackson Hole symposium would be the primary catalyst influencing the currency. 

The rand…

Cape of Good Hope: This famous landmark is located at the southwestern tip of
the country and is known for its stunning scenery and biodiversity.

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