Market Indicators
USD/ZAR: 16.9958 🔽
EUR/ZAR: 19.7734 🔽
AUD/ZAR: 11.1366 🔽
GBP/ZAR: 22.4130 🔽
Brent Crude: USD 62.64 / ZAR 1,064.60 🔽
Gold (Au): USD 4,188.90 / ZAR 71,234.40 🔼
BTC: USD 104,115.00 / ZAR 1,769,862.00 🔼
MZANSI’s main stock index SURGED to a new record high on Thursday, marking its fourth consecutive day of gains.
The rally was DRIVEN by strong performances in the mining and telecommunications sectors, with basic materials also showing solid momentum. Investor SENTIMENT was lifted by the country’s mid-term budget update, which signaled a more favorable inflation outlook and improved fiscal discipline—raising expectations of a possible credit rating upgrade. Broader global OPTIMISM, fueled by developments in the US economy and anticipated interest rate cuts, added further support to local markets.
Reputation RANK.
Warning BITE.
Russia in 4K.
Hongqi BRIDGE collapse.
Read it here: https://www.theguardian.com/world/2025/nov/12/new-hongqi-bridge-in-south-west-china-collapses-into-mountainside
INTEREST: Ants can “FARM” other insects.
Some ant species keep APHIDS (tiny sap-sucking insects) much like humans keep CATTLE. The ants protect the aphids from predators and, in return, “milk” them for a sweet liquid called HONEYDEW by stroking them with their antennae.
“Look DEEP into nature, and then you will understand everything BETTER.” Albert Einstein
bit.ly/redwoodfs
