The rand has and other international currencies have weakened in recent months due to the strength of the US/dollar, but this moderation is not surprising, says John Cairns, global markets strategist at Rand Merchant Bank.
South Africa’s major export car markets such as the UK and Europe will no longer allow the importation of internal combustion engine (ICE) vehicles by 2030 which means there is an urgent need for added investment to shift to electric…
