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The rand started the trading week on the back foot, weakening to R16.72/$ from R16.65 on Friday. The local currency has lost more than 1% over the past week.
Iran’s navy fired ‘warning shots’ at US warships in the Strait of Hormuz on Monday, state media said, after the American military sent cruisers into the Gulf as part of a plan to help trapped commercial vessels leave.
The National Student Financial Aid Scheme has been placed under administration with immediate effect, Higher Education and Training Minister Buti Manamela announced on Monday, citing deep governance, financial and operational failures within the embattled institution.
South African motorists radically reduced their fuel consumption and cut down commuting in April as they felt the impact of surging prices, new data from Discovery Insure suggests.
Health officials are monitoring possible exposures in Gauteng after passengers linked to a deadly cruise ship outbreak passed through South Africa, with one patient in critical condition in Sandton
The Department of Health has urged South Africans not to panic over a hantavirus outbreak on a cruise ship that claimed at least three lives, including a Dutch woman who died at a Kempton Park health facility after collapsing at OR Tambo International Airport.
Iran’s foreign ministry spokesperson Esmaeil Baqaei said on Monday that the US must reduce its demands on the Islamic Republic, with negotiations stalled over ending the two-month-long Middle East war.
Europeans have “heard” US President Donald Trump’s message of frustration over the Iran war and are “stepping up”, NATO chief Mark Rutte said after Washington announced it would withdraw 5 000 troops from Germany.
Iran’s navy prevented “American-Zionist” warships from entering the Strait of Hormuz, state TV reported, while the Fars news agency said two missiles had hit a US warship near Jask island after it ignored Iranian warnings.