South Africa’s Afrikaans ‘university’ wants to make it official, and Julius Malema served with summonses to appear in court

The rand came under slight pressure over the last week, as rising global oil prices and weaker precious metal prices weighed on sentiment.These weaknesses were offset by a positive Medium-Term Budget Policy Statement (MTBPS), which reinforced South Africa’s fiscal sustainability.Next week, investors will have their eyes on several key economic indicators, including the money supply, private sector credit extension, the producer price index, and trade data.