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Two South African brothers lose R1.46 billion, and new criminal group targeting South Africans | SA News

Malcolm Libera
 ·23 Mar 2026

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The rand weakened in early trade on Friday, pressured by a firmer US dollar, while oil market developments played an increasingly important role in shaping the currency’s direction.

The rand traded at 16.85 against the dollar, about 0.5% down from its previous close. The dollar has emerged as one of the clearest safe-haven winners, rising by more than 2% so far this month.

The dollar rose 0.2% against a basket of currencies as Federal Reserve Chair Jerome Powell…

Table Mountain: This iconic mountain is a popular tourist destination and offers
breathtaking views of Cape Town and the Atlantic Ocean.

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