Crude

The spiraling conflict between Israel and Iran is beginning to hit closer to home, with economic and political tremors now being felt across Southern Africa and the continent at large. On Friday, South Africa’s currency took a notable knock, with the rand weakening by 1.6% to R18.04 to the US dollar, as jittery investors scrambled for safer assets amid rising global uncertainty. Government bond yields followed suit, with 2035 bonds […]