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South Africa in hot water, and South Africans say goodbye to DStv | SA News

Malcolm Libera
 ·8 May 2026

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The rand strengthened in early trade on Thursday as investors considered the prospects of a U.S.-Iran peace deal.

This is despite the issue of ensuring shipments through the Strait of Hormuz remained unresolved. The rand was trading at 16.3225 against the dollar, up about 0.4% from its previous close. 

The US dollar showed little change against a basket of currencies, while oil prices increased by over $1 on Thursday.

US President Donald Trump has consistently…

Rainfall: Most of the country receives less than 600 mm of rainfall annually, with
the eastern regions being wetter.

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