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South Africa to make changes to US trade deal, and the big problem for MTN | SA News

Malcolm Libera
 ·2 Jul 2025

The rand and South African government bonds strengthened on Tuesday, driven by investor optimism regarding progress towards a lower inflation target. 

The rand was trading at 17.65 against the dollar, reflecting an increase of about 0.3% from Monday’s closing level. The rand has reached its highest level since November and has gained more than 6% so far this year. 

A South African Reserve Bank (SARB) and National Treasury team will soon present recommendations to both the SARB governor and the finance minister over the nation’s…

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  1. Fun South African Fact: Three different destinations make up South Africa’s capital cities. This is to represent the South African government being divided into three sections. Cape Town is the legislative capital, Pretoria is the administrative capital and Bloemfontein is the judicial capital. Interestingly, Parliament meetings take place for six months in Cape Town and six months in Pretoria.