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US enemies in South Africa, and get ready to give Eskom a lot more money | SA News

Staff Writer
 ·9 Jan 2026

Market sentiment surrounding the rand remains upbeat, with global financiers anticipating another year of gains for the local unit.

This will be supported by easing interest rates, with firmer public finances also boosting South Africa’s domestic economy, Goldman Sachs said in a research note.

The rand ended 2025 nearly 13% stronger against the US dollar, marking its biggest annual gain in 16 years as the greenback weakened broadly.

Strength this year could come from a scenario of steady global growth and gradual US interest…

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