South Africa's rand held on to early gains on Thursday after better-than-expected manufacturing data, while investors kept a close tab on trade negotiations in =the wake of U.S. President Donald Trump's latest tariff threats.

Here are five other important things happening in and affecting South Africa today:

The gyrations of South Africa’s rand and Brazil’s real illustrate the complexities traders face in evaluating the potential impact of US tariffs. The two currencies fluctuated wildly this week, and volatility measures suggest more price swings are in store in the run-up to the August 1 deadline for the tariffs to take effect.

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

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 Euro 1 ZAR = 0.047717 EUR Jul 11, 2025 14:28 UTC Check the currency rates against all the world currencies here.

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.

The South African Rand (ZAR) exchange rates represented on this page are live, updated every minute within the forex market's trading hours of 22:00 Sunday through 21:00 Friday GMT.

Known as the President's Emergency Plan for Aids Relief (Pepfar), it led to the investment of more than $100bn (£74bn) in the global HIV/Aids response - the largest commitment by any nation to address a single disease in the world.