South African rand

Tariffs Test SA’s Rand as Kganyago Urges Calm

Tariffs Test SA’s Rand as Kganyago Urges Calm

As tariffs return to global trade, SARB Governor Lesetja Kganyago says the rand is stabilising and South Africa’s buffers are stronger. EU steel duties loom, while gold gains and business signals—from Hyundai’s state push to Uber complaints—show the real-economy impact.
October 14, 2025