·25 May 2026
The rand remained mostly stable in early trading on Friday, as investors refrained from making significant bets ahead of the South African Reserve Bank’s (SARB) interest rate decision next week.
It traded at 16.47 against the dollar, very close to its previous close. The market is primarily focused on the SARB’s Monetary Policy Committee meeting scheduled for Thursday.
Most economists anticipate a 25-basis-point rate hike, likely resulting from a split vote. Economists…
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trixie doodle
Van der Merwe is approached by SANRAL one day who want to build a new highway through his donkey farm. Van is really concerned with how his donkeys can get from one side of the farm to the other without having to cross the highway and risk being injured or killed. He is promised that they will build bridges the highway so that his donkeys can cross under the highway. Van agrees and gives them the go-ahead.
The highway is built and a year later the same rep goes to the farm to go see how Van and his donkeys are. He eventually finds Van under one of these bridges chipping away at the roof of the tunnel with a hammer and chisel.
\”Mnr Van de Merwe, what are you doing damaging the highway bridge?\”
Nemesisx
Fun South African Fact: The swimming pool vacuum cleaner is a South African invention.