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South Africa leads rebound in emerging markets hit by Iran conflict | SA News

South Africa’s rand soared, government bond yields tumbled and stocks jumped the most in six years as investors piled back into emerging-market assets that were worst-hit by the Middle East conflict.

The rand had weakened most among emerging-market currencies since the start of the war through Tuesday, falling more than 5% against the dollar. On Wednesday, South Africa’s currency led gains as it surged as much as 2.6%, the most on an intraday basis since November 2023.

The benchmark government 10-year bond yield plunged 47 basis points, the most since March 2020, while the Johannesburg equity index climbed…

World’s Highest Commercial Bungee Jump: The Bloukrans Bridge in the
Tsitsikamma region offers the highest commercial bungee jump in the world at 216 meters.

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  1. Van der Merwe was watching a rugby test against the British Lions at Loftus Versfeld stadium in Pretoria. In the packed stadium, there was only one empty seat – next to Van der Merwe.

    \”Who does that seat belong to?\” asked his neighbour.

    \”It\’s for my wife.\”

    \”But why isn\’t she here?\”

    \”She died.\”

    \”So why didn\’t you give the ticket to one of your friends?\”

    \”They\’ve all gone to the funeral.\”