Palesa Dlamini

Finance

Rand Strengthens to R17.40 as Fed Signals Rate Pause

The South African rand surged to its strongest level in six months after the US Federal Reserve signalled it was done hiking interest rates, easing pressure on emerging market currencies.

Economy

South Africa Signs Historic Green Hydrogen Export Deal with Germany

Pretoria and Berlin have signed a R180-billion framework agreement to develop South Africa's green hydrogen export industry, positioning the country as a key clean energy supplier to Europe.

Politics

SASSA Extends SRD Grant to 2028 as Basic Income Debate Intensifies

The Social Relief of Distress grant will continue through 2028, the Finance Minister confirmed in the Budget, while a parliamentary committee debates the feasibility of a permanent basic income guarantee.