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The rand has weakened toward R15 per dollar after the July unrest in KwaZulu-Natal and Gauteng, with supply chains only just managing to keep shelves stocked. Analysts point to slow government response, metro finances and weak US jobs data as drivers of the currency's trend.
Persistent logistics strain and a weaker rand raise South African import costs for feed ingredients and may slow consumer demand for poultry and livestock products.
businesslink.co.zaJul 26, 2021Not 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.
