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World leader warns South Africa risks invasion, and Rand heading for more pain | SA News

Malcolm Libera
 ·10 Mar 2026

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The rand began the week significantly weaker as investors, shaken by surging oil prices and their potential impact on global inflation and growth, sold off risk assets and took profits on some of their best-performing trades.

The rand traded at 16.85 per US dollar on Monday, down 2% from its previous close and at its weakest level since mid-December.

South Africa’s benchmark 2035 government bond also weakened in early trading, with yields rising 1.5 basis points to…

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  2. Fun South African Fact: The oldest remains of modern humans were found in South Africa and are well over 160,000 years old.