South Africa’s rand traded at R17 to the dollar, marking one of its strongest levels in nearly three years.

South Africans are paying 29 cents more for petrol after a price increase took effect at one minute past midnight.

South Africa’s retail economy has seen November rise in importance, with the month contributing 9.7 percent of all annual retail trade sales in 2024.

Pinkfong, the South Korean company behind Baby Shark, made a very strong market debut when its shares jumped 60 percent on the first day of trading in Seoul.