SA carmakers in hot water: Since January, thousands of vehicles have been recalled by car manufacturers due to safety concerns, prompting scrutiny of South Africa’s consumer protection standards. The National Consumer Commission (NCC) has received numerous reports from major carmakers like Toyota, Volkswagen (VW), and Volvo. [ Business Day]

In a report released on Thursday, the UN body in charge of fighting HIV/Aids does not single out the US, but says that drastic cuts from a number of donors have sent shockwaves around the world, that the "phenomenal progress" in tackling the illness risks being reversed.

The South African rand firmed in early trade on Monday after the release of higher than expected money supply and private sector credit figures and ahead of trade and budget balance data due later in the day.

Despite some volatility in global oil markets, a resilient rand is keeping petrol price recoveries in check, supporting potential cuts in August.

Convert South African Rand To United States Dollar 1 ZAR = 0.056328 USD Jul 07, 2025 12:23 UTC Check the currency rates against all the world currencies here.

The USD/ZAR exchange rate rose to 17.86 on Tuesday as investors reacted to Donald Trump’s trade war with South Africa

A review of South Africa’s inflation target by the National Treasury and the nation’s central bank is close to completion, Governor Lesetja Kganyago said.

Convert South African Rand To Ripple 1 ZAR = 0.023307375 XRP Jul 10, 2025 06:38 UTC Check the currency rates against all the world currencies here.

Standard Bank CEO’s message about BEE: Standard Bank CEO Sim Tshabalala says South Africa is overregulated but believes black economic empowerment (BEE) should be adjusted, not abolished. He acknowledged BEE has led to unintended consequences and corruption, but emphasised the problem lies in its implementation, not the concept itself. [ News24]