This article provides a forecast for the South African rand.South African rand rallies amid the dollar debasement trade. The SouthAfrican rand, often seen as a bellwether for the emerging market currencies, is firing on all cylinders.
Bearish options bets on the rand are at the highest in almost three years as traders start to question whether the South African currency’s headlong rally has further to run ... .
The rand traded at R16.01 against the US dollar just before 10am on Tuesday as markets remained cautious ahead of Finance MinisterEnoch Godongwana’s Budget on Wednesday ... Cilliers said the fiscal update could shape the rand’s next move.
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The rand traded just below R16.00 to the US dollar on Tuesday, hovering at its strongest levels since 2022, as investors positioned ahead of Finance MinisterEnoch Godongwana’s 2026 NationalBudget.
) DA reveals RandWater is not pumping more Vaal water, as taps remain dry, despite ministerial license ... This is a serious failure by Rand Water, as Johannesburg faces a full blown water supply crisis.
Gold climbed to a three-week high on Monday as uncertainty stoked by the US Supreme Court’s decision to strike down a vast swathe of US PresidentDonald Trump’s tariffs pressured the dollar and pushed investors to the safety of bullion ... .
Water and Sanitation Minister Pemmy Majodina has authorised Rand Water to abstract additional water from the IntegratedVaal RiverSystem (IVRS) as part of urgent interventions to stabilise Gauteng's strained water supply network ....