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South African Financial Markets Outperforming Expectations Despite Threat of US Tariffs

South African Financial Markets Outperforming Expectations Despite Threat of US Tariffs

Sputnik Africa

South African Financial Markets Outperforming Expectations Despite Threat of US Tariffs The Johannesburg Stock Exchange has reached record highs, hitting... 15.09.2025, Sputnik Africa

2025-09-15T14:26+0200

2025-09-15T14:26+0200

2025-09-15T14:44+0200

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South African Financial Markets Outperforming Expectations Despite Threat of US Tariffs The Johannesburg Stock Exchange has reached record highs, hitting 103,927k points. Since the formation of the coalition government in June 2024, the rand has strengthened, reaching a point where one US dollar is equivalent to 17.36 rand.The South African economy grew by 0.8% in the second quarter of 2025, marking its fastest pace in two years. The government is aiming for 3% growth within three years, while the central bank projects 2% by 2027.AI-generated imageSubscribe to @sputnik_africa Sputnik Africa | X

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