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Three men who saved South Africa from disaster, and big blow to VAT hikes in South Africa | SA News

Malcolm Libera
 ·21 May 2026

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South Africa’s rand, stocks, and government bonds strengthened on Wednesday following data that revealed a sharp increase in inflation for April.

This has heightened expectations that the central bank may raise interest rates at its upcoming monetary policy meeting.

The rand was trading at 16.5950 against the dollar, reflecting a gain of about 0.7% from its previous close.

Headline inflation rose to 4.0% year-on-year in April, up from 3.1% in March, marking the…

Host of Major Events: South Africa hosted the 2010 FIFA World Cup, becoming the
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