Africa's most industrialised nation has experienced recurring power cuts for more than a decade that have constrained economic growth. Despite Eskom's efforts to significantly reduce outages from the record levels seen in 2023, investor confidence remains shaky due to a high level of power cuts implemented in February, and subsequent lower-level cuts in March and April.

At 08h57 CAT, the Rand traded at 18.40 against the Dollar, little changed from Friday's closing level of 18.42.

The greenback last traded slightly weaker against a basket of currencies as investors awaited further details on United States-China trade relations, and the Federal Reserve's policy meeting later this week.

SA's economic calendar on Monday remains relatively quiet, with investor focus primarily on Eskom's briefing slated for around 09h00 CAT.

--Reuters--