South Africa’s low-key municipal polls pose risks for investors

One-week implied volatility for the rand versus the dollar has declined since the start of October and is well below the one-year average level, suggesting little extra demand to hedge against price swings.

— Moneyweb
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South Africa wants a new space regulator

A proposed new South African space law would make it an offence to build a satellite without a licence from a new regulator, bringing far more of the local space industry into a licensing regime than the 1993 law it would replace. The draft South African Space Industry Regulatory Bill, published by…