The South African rand was firm early on Monday, as investors looked ahead to inflation data and the possible removal of the country from the Financial Action Taskforce’s “grey” list.
In early trade the rand was at 17.3125 against the dollar, up 0.2% from its Friday close.
Domestically-focused investors will scrutinise September consumer price inflation data this week for clues on the health of Africa’s largest industrialised economy.
“We expect limited upside inflationary pressure with a marginal 0.1% m/m increase. This translates to…
Water Resources: The country has several major rivers, including the Orange River
and Limpopo River, which are essential for agriculture and water supply.

Dandelion
Fun South African Fact: Some countries have deserts; some have subtropical forests, right? South Africa has: deserts, wetlands, grasslands, bush, subtropical forests, mountains and escarpments.
Congo Wire
A Priest was seated next to Van Der Merwe on a flight to Brakpan.
After the plane was airborne, drink orders were taken.
Van Der Merwe asked for a Rum and Coke, which was brought and placed before him.
The flight attendant then asked the priest if he would like a drink.
He replied in disgust \”I\’d rather be savagely raped by a dozen whores than let liquor touch my lips.\”
Van Der Merwe then handed his drink back to the attendant and said \”Me too, I didn\’t know we had a choice.\”