The South African rand plummeted to R17.81 against the dollar, a 3% drop attributed to investor anxiety over Donald Trump’s potential return to the White House, impacting emerging markets and causing a spike in the country’s government bond yield to 9.66%. Trump’s second presidency could have negative effects on the South African economy, particularly jeopardizing the African Growth and Opportunity Act and leading to potential damage to exports due to his tariff strategies.
Full Article
Wafcon 2024: Nigeria winner memorable for Jennifer Echegini
Nigeria's national team, dubbed 'Mission X', received congratulations from President Bola Tinubu after a "spectacular" performance that showcased their resilience and determination. With key contributions from Okoronkwo, who scored two goals and provided six assists, the team demonstrated champion mentality, aiming to maintain their perfect record in finals, having won all ten previously. Want More Context? 🔎
Read more