Reported about 14 hours ago
South Africa’s stock market is nearing record highs, largely driven by rising gold prices as investors react to President Trump’s recent tariff announcements. The FTSE JSE Africa All Share Index has increased for five consecutive days, with gold miners performing particularly well. Despite Trump freezing US aid over diplomatic issues, which amounts to $400 million annually, investor confidence in South Africa’s economic reforms is growing, especially the government’s plans to boost economic growth and reduce unemployment.
Source: YAHOO