US, South Africa and refugee facility
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The South African rand gained on Tuesday after domestic data showed a pickup in the leading business cycle indicator in October from September, and slightly softer than expected inflation in November.
South African annual inflation unexpectedly softened in November, edging closer to the central bank’s new 3% target and boosting hopes for an interest-rate cut next month. Bonds rallied.
The death toll in last week’s building collapse at the site of a Hindu temple in South Africa has risen to five, and investigators have launched a probe in
White South Africans coming to the U.S. as refugees could get a biography of President Donald Trump for children as part of a welcome packet proposed last week by an administration official, emails reviewed by Reuters showed.
South Africa’s new lower inflation target is giving the rand fresh momentum, with policymakers and analysts agreeing it could curb a long-term track record of weakness.
A mass shooting at a bar near Pretoria, South Africa, has left at least 11 people dead, including three children
The South African rand strengthened on Monday, supported by higher gold prices as local investors look towards the year's last pieces of economic data for clues on the health of Africa's most industrialised economy.
Dragons sign Currie Cup winning captain Cebo Dlamini from Griquas because of an injury crisis at tight-head prop.