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The rand and Johannesburg stocks fell on Friday after a US jobs report failed to clarify the near-term path for Fed rates. The Top-40 index was down 2.2% and the rand traded at 17.275 per dollar, weaker by 0.3%.
Uncertainty over US rates and risk-off moves tend to strengthen the dollar and pressure emerging-market currencies. This can raise the local cost of imported feed inputs in South Africa, though the global feed price effect is small.
cnbcafrica.comReutersNov 21, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
