5 important things happening in South Africa today

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

  • The local market recovered slightly on Wednesday as liquidity returned, while remaining in a tight range as markets await key data. On the global front, the Davos WEF has delivered no surprises, with even Donald Trump coming across rather subdued. Markets will be keeping an eye on Trump’s impeachment trial that kicks off today in the US Senate, although it is widely expected that the US president will be acquitted on both charges that he faces. On Wednesday, the rand was trading at R14.46 to the dollar, R18.86 to the pound and R16.03 to the euro.

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5 important things happening in South Africa today