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Make or break for VW in South Africa, and US slams another South African decision | SA News

Caitlyn Hilliard-Lomas
 ·6 Feb 2026

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The rand fell back above 16 to the dollar on Thursday as a more cautious global sentiment overnight sparked a sell-off in emerging-market assets. Analysts noted that a new wave of risk aversion drove this shift.

The rand was trading at 16.1625 against the dollar, marking a 0.5% decline from Wednesday’s close.

“When global investors become risk-averse, they often sell off emerging-market assets first. That’s exactly what happened overnight,” analysts…

Mineral Wealth: South Africa is rich in natural resources, including gold, platinum,
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  1. Fun South African Fact: The national animal of South Africa is the Springbok, the only southern African gazelle.