Africa ETP News
you are currently viewing::Africa: South Africa Stakes Its Claim As Africa's Digital and Investment PowerhouseOctober 16, 2025-South Africa is positioning itself as the continent's digital and investment powerhouse, using its economic resilience and advanced infrastructure to attract global capital and drive Africa's growth story. Speaking at the AFSIC - SA Investment Summit held in London on Wednesday, Deputy Minister in the Presidency Kenny Morolong said South Africa is "forging ahead, breaking new ground, and inspiring new ways", despite persistent global economic headwinds. Source: allafrica.com |
South African rand strengthens after surprise GDP growth data
June 9, 2026- The rand strengthened on Tuesday after South Africa's economy expanded more than expected in the first quarter of 2026, though the impact of the Iran war was likely to be reflected in the next release.
At 1415 GMT, the rand traded at 16.4325 against the U.S. dollar, up about 0.6%.
