Commenting on the Trump US election win, The Africa Report states that the US economy could still achieve a soft landing, which would improve prospects for emerging-market currencies such as the rand. Mergence Head: Equities, Peter Takaendesa, added to the story saying that a combination of SA political stability with a continuation of US Fed interest rate cuts could work together to stabilise the rand, potentially leading to rating agencies and related capital flows turning in SA’s favour

MTN cuts capex in SA to R6billion
Reporting on its financial results, MTN said that the post-paid, enterprise, wholesale, digital and fintech segments all recorded good growth