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Severe storm chaos in South Africa, and new SARS boss is coming | SA News

Staff Writer
 ·22 Dec 2025

South Africa is in holiday mode, with markets and indicators not showing much movement.

The rand slipped against a stronger dollar in holiday-thinned trade on Friday, reacting largely to the latest set of data released by Stats SA for the year.

This includes consumer inflation, which slowed to 3.5% in November from 3.6% the month before, remaining within the one percentage point tolerance band of the SARB’s new 3% inflation target.

Producer inflation was at 2.9% in November, the same rate as in October.

The rand has held…

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  1. Fun South African Fact: South Africa is known as the “Rainbow Nation” thanks to its mix of cultures across the country. The status of being a cultural “melting pot” is evident in the fact that South Africa has a whopping 11 official languages: English, Afrikaans, isiZulu, isiXhosa, IsiNdebele, Sesotho, Northern Sotho, Setswana, SiSwati, Tshivenda, Xitsonga. Most South Africans speak more than one national language. IsiZulu is the most common first language and isiXhosa is second. Fun fact – did you know the people of Wakanda speak isiXhosa in Marvel’s Black Panther movie?

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