South Africa, tariffs and rand
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South Africa's rand held on to early gains on Thursday after better-than-expected manufacturing data, while investors kept a close tab on trade negotiations in =the wake of U.S. President Donald Trump's latest tariff threats.
In a report released on Thursday, the UN body in charge of fighting HIV/Aids does not single out the US, but says that drastic cuts from a number of donors have sent shockwaves around the world, that the "phenomenal progress" in tackling the illness risks being reversed.
Convert South African Rand To Mozambican Metical 1 ZAR = 3.592774 MZN Jul 09, 2025 22:35 UTC Check the currency rates against all the world currencies here.
SA carmakers in hot water: Since January, thousands of vehicles have been recalled by car manufacturers due to safety concerns, prompting scrutiny of South Africa’s consumer protection standards. The National Consumer Commission (NCC) has received numerous reports from major carmakers like Toyota, Volkswagen (VW), and Volvo. [ Business Day]
The USD/ZAR exchange rate rose to 17.86 on Tuesday as investors reacted to Donald Trump’s trade war with South Africa
Convert South African Rand To Zimbabwean Dollar 1 ZAR = 18.155751 ZWL Jul 10, 2025 10:50 UTC Check the currency rates against all the world currencies here.
Despite some volatility in global oil markets, a resilient rand is keeping petrol price recoveries in check, supporting potential cuts in August.