“Notwithstanding the tariff uncertainty, the ZAR has clawed back more lost ground. Some of that is due to the USD retreating as traders focus on the rising probability of more rate cuts in the U.S., which will erode any remaining carry trade advantage the USD might enjoy,” said ETM Analytics in a note.
U.S. imports from South Africa face a 30% duty, the highest rate among Sub-Saharan African countries. Despite the government’s failure to negotiate a better deal, the rand continues to recover, helped partly by South Africa’s status as a major producer of precious metals.
Droughts: South Africa is prone to droughts, which can severely impact agriculture
and water supply.
Dahlia
Lekker – great / tasty [lack-err] An Afrikaans word that has multiple meanings and which can be used in various contexts to describe many things from people to food to inanimate objects. It is used to convey the meaning of great, delicious, nice or fun. Make sure to roll the ‘r’ when pronouncing the word.Example: “That new movie is lekker!” / “That bunny chow was lekker!” / “I’m lekker, bru!”
Dez
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.\”