olice officer made R1.5 million in cash bribes in one day, and Sun City owner getting rid of workers in South Africa
Malcolm Libera
·8 Sep 2026
The South African rand remained stable in early trading on Monday, as investors anticipated a series of economic reports this week.
These reports include gross domestic product (GDP), current account data, and figures on mining and manufacturing, which will provide insights into the health of the economy.
The rand was trading at 15.9675 against the dollar, showing little change from its previous close, and the market mostly overlooked the latest reserves data.
According to central bank data released on Monday, South Africa’s net foreign reserves increased to $73.69 billion at the end of August, up from $71.76 billion in July