·10 Apr 2026
The rand weakened on Thursday due to doubts surrounding a fragile two-week ceasefire between the US and Iran.
Traders were also analysing domestic economic data for insights into the health of Africa’s largest economy.
Concerns about the ceasefire’s viability intensified as Israel continued its attacks in Lebanon. As a result, the rand traded at 16.45 against the dollar, reflecting a 0.4% decrease from its previous close.
Investors remained cautious, as…
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Fun South African Fact: For nearly 50 years, there was a state of apartheid – white minority rule – in South Africa.
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Braai – a barbecue [brr-rye] Also known as a barbecue where steak, lamb chops and of course ‘boerewors’ is cooked on a grid over wood and flames. Add some salads, rolls and ‘melktert’ for dessert and you are set for a traditional South African braai.