The rand is now more than 10 cents below the R16 mark against the US dollar. The rand weakened to R16.32 to the greenback on Friday following confirmation of the new Omicron COVID-19 variant in the country.
Analysts say both the rand and the JSE seem to have been buoyed by the fact that President Cyril Ramaphosa did not move South Africa into more stringent lockdown restrictions.
With Omicron cases being discovered in more countries internationally, the new variant is becoming a global concern.
Source: eNCA
In other news – Murdah Bongz reacts to AKA’s request to be part of baby Asante’s life
DJ Zinhle’s The Unexpected which focuses on her private life, has once again managed to stir up a conversation and this time her children are being put on the spotlight.
On the latest episode, Zinhle revealed that her baby daddy AKA, is willing to be a part of Asante’s life and she was all for it. But Asante’s dad, Murdah Bongz, is taking baby steps in making sure this whole blended family situation comes to pass. Learn more
