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South Africa’s rand improve on Friday March 9, after a week-long slide following U.S. President Donald Trump’s plan to impose tariffs on steel imports.

The rand has been under pressure all week as the spot prices of precious and industrial metals such as gold, platinum and iron ore have fallen due to the concern’s over Trump’s plan.

The currency was also hurt by European Central Bank President Mario Draghi’s cautious statement on Thursday, which dragged the euro down, and with the rand.

About The Author

Digital Journalist with multimedia production skills and extensive experience in Digital, Social Media, Print and Broadcast Journalism. Trained at the BBC in broadcast production, he also has a Postgraduate Degree in Digital Journalism from the University of Strathclyde in Scotland and over 7 years experience in multimedia production as News Reporter/TV Producer for a pan-African International broadcast network, Vox Africa UK. Before his current post, he was Multimedia Journalist with an Award-winning digital publication, Maze Magazine and Production Consultant for an independent television production company in the United Kingdom. He has covered UK general elections for the BBC and London Mayoral Elections for Vox UK, flagship and major Africa continent-wide events for Pan-Africa television network - Vox Africa. His focus on economic, business, diplomacy and development programs and coverage across the African continent was recognised by his contributions to the impartial coverage of the United Nations Economic Commission for Africa (UNECA), through their subregional office for East Africa on its annual report for 2013. He has received several accreditations for coverage of UNECA and Africa Union flagship events such as Africa's Finance Ministers conferences in Ethiopia, Nigeria and Cote d’Ivoire and was selected as the main contributor to a workshop on media governance in Africa organised by UNECA. He is also a pioneer founding member of African Broadcasting Company international (ABCi) Media Ltd. George regularly contributes to and participates in business dynamics within Sub Saharan Africa and is passionate about Africa's prospects for economic growth and especially through inputs from the African diaspora and associated partners. In his spare time, he blogs about business moves and diplomacy in Africa and socialising.

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