Mpho Hlakudi, Bloomberg on 02/02/2026

Rand rebound paves way for rally as metals stabilise

Fell 2.6% on Friday, sparking concerns the commodities-driven rally in SA assets might be ending, but was up 0.5% stronger at R16.07 per dollar on Monday afternoon – bringing its gain this year to 3.1%.

M Mpho Hlakudi, Bloomberg
Jeremy Maggs on 02/02/2026

Sars already knows more about offshore income than expats think

‘SA participates in the global information-sharing framework that requires foreign banks, investment platforms and financial institutions to report account information linked to South African tax residents,’ says Roxanna Naidoo of Latita Africa.

J Jeremy Maggs