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South Africa blasts the United States, and new ambassador bringing trouble for the ANC | SA News

Staff Writer
 ·6 Jan 2026

The South African rand continued to rise on Monday as investors assessed the implications of US military action in Venezuela, which escalated geopolitical tensions and increased safe-haven demand.

The unit started the new week where it ended the last, trading around R16.50 against the dollar; however, by Tuesday, it had moved to an even stronger position at R16.30/$.

The United States captured Venezuelan President Nicolas Maduro over the weekend to face drug-trafficking charges, while President Donald Trump announced that he was…

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