5 important things happening in South Africa today

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

  • South Africa’s rand weakened against the dollar on Monday ahead of a central bank meeting later in the week and key economic data that investors will use to gauge how the economy is performing. Focus will shift to the South African Reserve Bank’s monetary policy meeting on Thursday, when it will announce its interest rate decision after keeping rates on hold at 6.5% at its last meeting. On Tuesday the rand is at R14.39 to the dollar, R18.69 to the pound and R16.02 to the euro.

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5 important things happening in South Africa today