The South African rand gained against the U.S. dollar on Monday as prices of precious metals, a key export, rose on global markets. The rand was up about 0.4% from Fridays close at 16.71 to the dollar by 0744 GMT.

South African annual inflation unexpectedly softened in November, edging closer to the central bank’s new 3% target and boosting hopes for an interest-rate cut next month. Bonds rallied.

South African immigration authorities have raided a United States refugee processing center in Johannesburg and seven Kenyans working there illegally were arrested and given deportation orders.

Varun Beverages acquires South African firm Twizza for ₹1,118.7 crore, enhancing its market presence through strategic manufacturing facilities.

South Africa’s new lower inflation target is giving the rand fresh momentum, with policymakers and analysts agreeing it could curb a long-term track record of weakness.

The South African government briefly held, then released, two US government employees on assignment in South Africa as part of the Trump administration’s bid to admit Afrikaners to the United States,

Dragons sign Currie Cup winning captain Cebo Dlamini from Griquas because of an injury crisis at tight-head prop.

The South African rand strengthened on Monday, supported by higher gold prices as local investors look towards the year's last pieces of economic data for clues on the health of Africa's most industrialised economy.