5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

  • South Africa’s rand steadied on Thursday as investors assessed the impact of US backing for protesters in Hong Kong on its trade negotiations with China, while stocks fell. Largely ignoring local signals of an increasingly weak economy and fiscal position, the rand has moved in-step with swings in sentiment driven by the tariffs tussle between China and the United States. On Friday the rand was at R14.72 to the dollar, R19.00 to the pound and R16.21 to the euro.

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5 important things happening in South Africa today