insert_link Africa Israel-Iran conflict sends economic shockwaves through Southern Africa 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 […] today13 June, 2025
insert_link Namibia Namibia flags economic risks following Tehran attack As governments worldwide react to the crisis in the Middle East, the Ministry of International Relations and Cooperation emphasized that the conflict’s effects will be felt globally. Executive Director Penda Naanda said, “Markets are interconnected, and what happens in one part of the world affects us all — including our commodities and our pockets.” As tensions rise, the world watches closely, aware that the situation could spiral with serious […] today13 June, 2025
