SA rand firms
The rand was slightly firmer early yesterday, as investors awaited a speech on trade by US President Donald Trump amid his country’s long-running tariff war with China.
At 0728 GMT, the rand traded at R14,8520 versus the dollar, around 0,2 percent stronger than its previous close.
Government bonds were also a shade stronger, with the yield on the 2026 bond down 0,5 basis points at 8,49 percent.
On the Johannesburg Stock Exchange, the All-share index was 0,6 percent higher.
Telkom SA shares were up 0,3 percent after the firm said half-year profit slumped by 36 percent. It had flagged to investors that profit could drop up to 40 percent.
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