Dollar strength undermines commodity currencies - Annabel Bishop
South Africa is a commodity exporter, with metals and minerals making up the bulk of exports. Consequently, movements in global commodity prices, and the US dollar, do have an impact on the rand and so inflation, interest rates, and growth.
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Global gold demand reached unprecedented levels in 2024, with total demand hitting 4 974 tons and values soaring to R7. 1 trillion. Strong central bank buying and increased investment demand drove this historic performance, despite challenges in the jewellery sector.
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Thungela CEO: Coal and Energy Security: Ensuring a resilient global energy future
A balance between progress and pragmatism to ensure energy security and economic stability. .
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Companies such as Anglo American are are proceeding to dispose of their diamond operations such as De Beers, leaving producing countries such as Botswana scrambling for a way forward.
South32 boosts manganese production by 12% while pursuing growth initiatives
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