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Money flooding back into South Africa, and Post Office wants money from successful couriers | SA News

Malcolm Libera
 ·7 Nov 2025

The rand strengthened on Thursday, recovering some of the ground it lost earlier in the week as global risk appetite improved. 

The currency had plunged on Tuesday, falling more than 1% against the dollar during a significant global sell-off driven by concerns over inflated stock market valuations. 

On Wednesday, the rand traded at 17.36 against the dollar, marking a 0.2% increase from the previous day’s close. 

Analytics noted that all signs indicate that the rand could regain even more ground, pointing to buoyant gold and…

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  2. I was pretty surprised to learn Elon Musk was born in South Africa

    I thought he was born in Mad-at-gas-car