https://newsletter.en.creamermedia.com

South African rand starts week firmer before local manufacturing figures

11th August 2025

By: Reuters

  

Font size: - +

The South African rand gained in early trade on Monday ahead of the release of domestic manufacturing data, while investors also kept a close eye on trade updates as the country scrambles to secure a lower tariff rate on its exports to the United States.

US imports from South Africa face a 30% duty, the highest rate among sub-Saharan African countries, but President Cyril Ramaphosa's office said last week he had spoken with US President Donald Trump and that the two countries' trade negotiating teams would hold more detailed talks.

At 0701 GMT the rand traded at 17.7250 against the dollar, about 0.2% stronger than Friday's close.

Statistics South Africa will publish June manufacturing output at 1100 GMT on Monday.

Production inched up 0.5% year-on-year in May, but analysts polled by Reuters and Nedbank economists expect it to have risen 1% and 0.8% respectively.

This week's releases also include mining output and unemployment figures on Tuesday and retail sales data on Wednesday.

South Africa's benchmark 2035 government bond was flat in early deals, with the yield at 9.63%, unchanged from its previous close.

Edited by Reuters

Comments

Showroom

Amsted Reelin image
Amsted Reelin

REELIN is Currently the largest supplier of Bearings to Transnet. We have contracts to supply bearings, draft gears slackadjusters and other...

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 08 August 2025
Magazine round up | 08 August 2025
8th August 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.106 0.195s - 166pq - 2rq
Subscribe Now