As if the political to-and-fro wasn’t enough to give you a headache, the rand weakened on Tuesday due to the ANC’s failure to set a date for the so-called recall of President Jacob Zuma.
Although February had seen a firm rand stand strong against global trends and coming out on top of its US and Asian cousins, investors lost faith in the currency leading to a small drop which experts say could have been avoided.
Yet, some slight fortune resides in global trends. Asian markets have not yet fully recovered from last weeks dip and the US dollar remains weakened with signs of a climb only visible for the beginning of next week.
This has stabilised oil prices with the expectation that a weaker dollar will spur fuel demand.
South Africans can still expect better fuel prices and are likely to not feel the effect of Tuesday’s fall.
Experts say the moment President Jacob Zuma leaves the Union Buildings, South Africans are likely to start living on cloud nine.