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US coming with a list of demands for South Africa, and Cape Town’s R180 million security wall under fire | SA News

Staff Writer
 ·23 Dec 2025

The South African rand gained against the US dollar on Monday as prices of precious metals, a key export, rose on global markets.

The rand was up about 0.4% from Friday’s close at R16.71 to the dollar. The unit is currently trading around R16.69.

Johannesburg-listed stocks also firmed, with the main bourse’s Top-40 Index last up 1.3%.

Gold hit a record high on Monday, riding on growing expectations of further US interest rate cuts and strong safe-haven demand. Platinum, meanwhile, touched its highest in more than 17…

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