Markets are betting on a peaceful resolution to US-SA tensions over Ukraine
After five months of unrelenting pressure, the rand clawed back some ground against the dollar in June, with sentiment bolstered by Eskom easing rotational power cuts at its ailing coal-fired plants.
Markets were edgy in the weeks leading up to the start of winter when SA was alternating between stages 4 and 6 of load-shedding, raising concerns the situation would worsen on increased demand during the colder weather...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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