Mail & Guardian
Mail & Guardian

South African Rand

latest news & developments
The decision to form a unity government has been broadly welcomed by economists.
ANC COALITION

South Africa’s economic prospects brighten with Government of National Unity

The smooth transition is raising hopes of improved economic growth and outlook

  • Aarti Bhana
4 min read
Investor confidence is low as citizens and domestic private companies stash their cash abroad to protect it from the volatility of the weakened rand. (Getty)
CYRIL RAMAPHOSA

Load-shedding, US tensions send rand into tailspin

The local currency has weakened past R19 for the first time since April 2020

  • Sarah Smit
2 min read
South Africa’s economy expanded by 0.8% during the second quarter of 2025, following a marginal increase of 0.1% during the first quarter.
CHINA

Social capital — when your currency just isn’t strong enough to access the plum jobs

In South Africa we must learn to value different types of social capital to make the economy — and society — more inclusive

  • Adri Marais
7 min read