- Carbon Markets 101: Designing Projects That Deliver Real Climate Impact
- The Next Phase of Financial Inclusion in Africa: Digital Identity, Trust and Collaboration
- A Market Awakens: Kenya’s Capital Markets Regain Momentum into 2026
- Global: Few economic impacts from Iran conflict outside the GCC
- Kenya: Capital markets licensing regime overhauled – What market participants need to know?
South Africa’s rand weakens as rally for riskier assets pauses
Johannesburg, South Africa (Capital Markets in Africa) – South Africa’s rand weakened more than one percent to the dollar on Tuesday, softening to a one week low of 12.2300 per greenback as a recent rally for riskier assets petered out.
According to one trader, technical factors were also beginning to filter through with the 12.30 support level in sight, putting some strain on the dollar rand cross.