·31 Oct 2025
The South African rand weakened on Thursday against a stronger dollar as investors reacted to the Federal Reserve’s hawkish rate decisions.
The rand traded at 17.32 against the dollar, representing a decline of roughly 0.7% from Wednesday’s close. The dollar rose about 0.4% against a basket of currencies.
Domestically, investors were focused on the producer inflation figures and budget balance data for September, seeking insights into the health of Africa’s largest economy.
Data from the StatsSA indicated that producer…
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Fun South African Fact: What about beer? South African brewery SABMiller ranks – by volume – as the largest brewing company in the world. Saffers love their beer…but the real reason the brewery is so big? SABMiller also supplies up to 50% of China’s beer.
Voodoo Cyclone
An retired elderly couple visit London..
They get picked up from the airport in a london black cab and head off into the city for some adventure.
The cab driver say \”where you from guvnor?
Husband. \”we\’re from South Africa\”..
The wife is a little hard of hearing asks her husband.
\”What did he say?\”
The husband turns to his wife and says louder \”the cab driver asked us where we were from, I told him South Africa!\”
The cabbie continues \”I was in the merchant navy years back… I got to drop anchor down your way, a few times in Johannesburg\”
The husband replies \”oh wow that\’s where we\’re from originally, now we\’re in Cape Town.\”
The wife asks the husband again \”what did he say?\”.
The husband again relays the unheard conversation \”the cab driver says he spent some time in the navy and went down to joberg\”.
The wife smiles and nods.