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Plot to oust Ramaphosa, and one of South Africa’s major employers to issue retrenchment notices | SA News

Malcolm Libera
 ·2 Dec 2025

South Africa’s commodity-linked rand increased on Monday, supported by rising gold prices.

This is despite a disappointing local manufacturing purchasing managers’ index (PMI) survey and weaker-than-expected vehicle sales figures for November.

The rand was trading at 17.0950 against the dollar, reflecting a roughly 0.1% increase from Friday’s close.

The US dollar was last seen 0.3% weaker against a basket of currencies, while gold prices reached a six-week high on Monday, driven by expectations of a US interest rate cut this…

Renewable Energy: The government is investing in renewable energy sources,
such as solar and wind, to reduce reliance on fossil fuels.

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