{"id":866436,"date":"2026-07-16T07:20:31","date_gmt":"2026-07-16T05:20:31","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=866436"},"modified":"2026-07-16T07:20:31","modified_gmt":"2026-07-16T05:20:31","slug":"bad-news-for-anyone-with-dstv-and-one-south-african-private-school-ranked-top-in-the-world-in-two-international-indexes","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/5-things\/866436\/bad-news-for-anyone-with-dstv-and-one-south-african-private-school-ranked-top-in-the-world-in-two-international-indexes\/","title":{"rendered":"Bad news for anyone with DStv, and one South African private school ranked top in the world in two international indexes"},"content":{"rendered":"\n

The rand remained stable in early trading on Wednesday as markets awaited the US producer inflation figures for insights into the Federal Reserve’s interest rate trajectory.<\/p>\n\n\n\n

The rand was trading at 16.3850 against the US dollar, showing little change from its previous close.<\/p>\n\n\n\n

ETM Analytics mentioned in a research note, that the rand’s resilience stems more from broad dollar weakness than from improving domestic fundamentals.<\/p>\n\n\n\n

South Africa’s economy experienced its first decline in mining output in six months, with production dropping by 5.4% in May compared to the same month last year, following an 8% increase in April.<\/p>\n\n\n\n

The domestic economic calendar is relatively light for the rest of the week, which means the risk-sensitive rand will likely be influenced more by external factors, such as US policy and data releases. <\/p>\n\n\n\n

Attention is now turning to the Producer Price Index (PPI), which is set to be released later in the day.<\/p>\n\n\n\n

Traders currently see about a 58% chance of a rate hike at the Fed’s September meeting, down from 76% prior to the CPI report, while an 80% chance of a rate hike in December is still being priced in, according to data from the CME FedWatch Tool.<\/p>\n\n\n\n

South Africa’s benchmark government bond maturing in 2035 weakened in early trading, with the yield rising by 2.5 basis points to 8.425%.<\/p>\n\n\n\n

On Thursday, 16 July 2026, the rand was trading at R16.33 to the dollar, R22.11 to the pound, and R18.73 to the euro. Gold is trading at $4,030.18 an ounce, while oil prices were at $84.46 a barrel.<\/p>\n\n\n\n

5 important things happening today<\/h2>\n\n\n\n
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Bad news for anyone with DStv:<\/strong> Pricing for DStv\u2019s three most expensive packages, Premium, Compact Plus, and Compact, has increased by between 29% and 44% over the past 10 years. [MyBroadband<\/a>]<\/p>\n\n\n\n

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South African private school ranked top in the world in two international indexes<\/strong>:<\/strong>\u00a0There is only one private school listed among the best in the world in both the Schools Index by Carfax Education and the Spear\u2019s Schools Index, Michaelhouse. [Newsday<\/a>]<\/p>\n\n\n\n

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Ramaphosa halts the Impeachment Committee:<\/strong>\u00a0Ramaphosa’s court application to halt the Impeachment Committee began on Wednesday and continues on Thursday at the Western Cape High Court. He claims he is not avoiding accountability but is seeking a postponement to address a legal issue. [eNCA<\/a>]<\/p>\n\n\n\n

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South African company loses R75 billion in 6 months:<\/strong>\u00a0Sibanye Stillwater’s share price fell 43% in early 2026 to about 3,422 ZAC, leading to a R74.86 billion loss in market capitalisation, now valued at R97.29 billion. [Daily Investor<\/a>]<\/p>\n\n\n\n

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New rules coming for foreigners buying property:<\/strong>\u00a0The South African Reserve Bank (SARB) is updating its Balance of Payments codes, which are set to bring major administrative changes for foreign buyers purchasing property in South Africa. [BusinessTech<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"

Here are five important things happening in and affecting South Africa on Thursday, 16 July.<\/p>\n","protected":false},"author":92,"featured_media":866439,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2077624527584911520","_sma_x_attempts":1,"footnotes":""},"categories":[20398],"tags":[18993,853],"class_list":["post-866436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5-things","tag-5-important-things-happening-in-south-africa-today","tag-south-africa"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/866436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=866436"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/866436\/revisions"}],"predecessor-version":[{"id":866441,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/866436\/revisions\/866441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/866439"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=866436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=866436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=866436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}