MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / Major bank officially exits South Africa after 30 years, and storm brewing for Pick n Pay | SA News

Major bank officially exits South Africa after 30 years, and storm brewing for Pick n Pay | SA News

Malcolm Libera
 ·19 May 2026

Add Google Preferred Source

Follow on Google News

The rand strengthened against a weaker dollar on Monday as domestic investors awaited inflation data that is expected to reflect the pressures stemming from the war in the Middle East. 

The rand traded at 16.6050 against the dollar, which is an increase of about 0.6% from its previous close. 

Stats SA will release April inflation data on Wednesday, and analysts polled by Reuters anticipate that it will rise to 3.9% year-on-year, up from 3.1% in March.

ETM Analytics…

Fossil Fuels: South Africa relies heavily on coal for electricity generation, with coal-
fired power plants providing the majority of the country’s energy needs.

Read More at the Source

Category: Tag: , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Thoughts on Lotto Winner News

    Dear Editor This is fantastic news for the community of Gqeberha. It is always heartwarming to hear about such life-changing positive outcomes for everyday people. Congratulations to the lucky winner! Regards Buhle Ngcobo In Response to/From: R8.5 Million Lotto Winner Claims Prize in Gqeberha

  • Inquiry Regarding SASSA Card Replacement

    Dear Editor I am a social grant recipient and need guidance on swapping my SASSA Gold Card for the Postbank Black Card. Please assist. Regards Buhle Ngcobo In Response to/From: Minister Tolashe assures smooth transition to Postbank Black Cards for grant beneficiaries Swapping your SASSA Gold Card for the new Postbank Black Card is a…

  • Congratulations to the Lotto Winner

    Dear Editor Dear Editor, I was thrilled to hear about the R8.5 million Lotto win for the community of Gqeberha. Such life-changing news brings hope and excitement to everyone in the area. I congratulate the winner and wish them all the best with their prize. May this bring positive change to their life and the…

Reader Interactions

Comments

  1. The sole purpose of your middle name is so you know when you are in real trouble with your mother