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Money flooding back into South Africa, and warning from Dawie Roodt | SA News

Caitlyn Hilliard-Lomas
 ·9 Apr 2026

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On Wednesday, the rand, government bonds, and stocks experienced a significant surge, recovering some of the losses incurred since the onset of the Iran war.

This boost came after US President Donald Trump agreed to a two-week ceasefire.

Trump’s decision was made shortly before a deadline he had imposed for Iran to reopen the Strait of Hormuz, a crucial shipping route responsible for transporting about 20% of the world’s oil.

If Iran failed to comply, he…

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