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R1.6 billion ‘missing’ from major city, and Ramaphosa responds to Constitutional Court ruling | SA News

Staff Writer
 ·9 May 2026

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South Africa’s markets had a muted end to what was a busy week, digesting both economic and political events.

The rand strengthened on Friday, supported by a weaker dollar, but markets were also left digesting a ruling by the country’s highest court that revived impeachment proceedings against President Cyril Ramaphosa.

The unit ended the week around R16.38 to the dollar, a better position within its relatively tight range, which had held for most of the week.

South…

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