The rand can strengthen to below R16 to the US dollar in 2026
Investec chief economist Annabel Bishop sees the rand averaging R15.90 to the United States dollar in the fourth quarter of 2026, as the currency has held up well against shocks from the Middle East war. In her base-case scenario for 2026, Bishop expects the rand to average above R16/USD in the second and third quarters […]
Calm before the storm for South Africa
South Africa’s economy may have surprised on the upside in the first quarter of 2026, but the impacts of the Iran War are only likely to be felt in upcoming economic data releases. The nation’s GDP rose by 0.5% quarter-on-quarter and moved closer to 2% year-on-year. Sam BusaURL