Johannesburg Water Crisis: Power Outage Imperils Gold, Platinum Mines
An explosion on power lines has halted water supply to Johannesburg and vital mining towns.
South Africa Rate Hikes Cut Amid Iran Oil Deal
Traders reduce South African rate hike bets as a US-Iran peace deal sends oil prices plummeting. This eases inflation pressure, impacting SARB policy decisions.
Oil Prices Tumble: US Iran Peace Deal Eases
Oil prices fell sharply after a US-Iran peace deal, easing global tensions. This reduces inflation risks for import-dependent South Africa, potentially halting