https://newsletter.en.creamermedia.com
Africa|Business|Gold|Health
Africa|Business|Gold|Health
africa|business|gold|health

South Africa's rand pauses slide as investors await next catalyst

Rand currency

Photo by Reuters

5th November 2025

By: Reuters

  

Font size: - +

South Africa's rand inched up early on Wednesday, attempting a recovery from an almost two-month low as investors awaited fresh signals on the global and domestic economic outlook.

At 0630 GMT, the rand traded at 17.49 per dollar, up about 0.3% after falling more than 1% on Tuesday amid weaker gold prices, in line with other commodity-linked currencies.

Investors now await the S&P Global October whole-economy PMI due at 0715 GMT for insights into business conditions in Africa’s most industrialised economy.

Last month's index showed that business conditions in South Africa's private sector improved for the fifth month running in September, buoyed by a rise in output and new orders.

It also flagged that business expectations for the year ahead fell to their lowest level since July 2021, with concerns over economic and political uncertainty cited for dampening sentiment.

The domestic calendar looks relatively lean for the rest of the week, with October's foreign reserves data due on Friday the main focus for further clues on the health of the local economy.

South Africa's benchmark 2035 government bond was flat in early deals, with the yield at 8.835%.

The nation's risk-sensitive assets could consolidate around the current levels unless a significant catalyst related to domestic politics, US policy and economic events emerges for directional momentum.

"Given yesterday's sell-off, today's trading session will be particularly interesting to see whether the stock market correction gathers momentum or stalls. If the latter, fears of a major bout of ZAR depreciation will subside," said ETM Analytics in a research note.

The Johannesburg Stock Exchange, the Top-40 index fell more than 2% on Tuesday hurt mainly by precious metal miners.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Latest News

JSE signage
Cell C moves forward on JSE listing
5th November 2025 By: Natasha Odendaal

Showroom

Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (31/10/2025)
31st October 2025 By: Martin Creamer

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:0.134 0.227s - 167pq - 2rq
Subscribe Now