South Africa
The rand, the JSE and South African economic news, and how global markets affect local traders and investors.
Yoco secured a $100m credit facility to lend to small businesses and Lumepay raised $6m for cross-border payments, two SA fintech deals this week.
The rand fell about 1.2% to R16.975 per dollar on Friday, a seven-month low, as hot US inflation lifted the dollar before next week’s SARB decision.