Tannur Anders

South Africa's rand recovered further against a weaker dollar on Monday, extending a recent bout of extreme volatility linked to U.S. President Donald Trump's trade war and worries that a key coalition partner could leave the country's government.

South African President Cyril Ramaphosa on Monday announced former deputy finance minister Mcebisi Jonas as his special envoy to the United States, in an effort to try to rebuild a relationship that has soured badly under President Donald Trump.

South Africa's manufacturing output fell 3.2% year on year in February after falling by a revised 3.2% in January, statistics agency data showed on Thursday.

South Africa's producer inflation was at 1.0% year on year in February from 1.1% in January, statistics agency data showed on Thursday.

South Africa's rand gained on Monday as investors awaited clarity on the next round of tariffs from U.S. President Donald Trump.

Fitch ratings agency said on Friday that it thought South Africa's government would struggle to stabilise debt as projected in this week's revised budget.

The Southern African Development Community (SADC) said on Thursday that a summit of regional heads of state had terminated the mandate of its troop deployment in the Democratic Republic of Congo and decided on a "phased withdrawal".

The South African rand fell on Wednesday as disagreements in the ruling coalition persisted despite the finance minister scaling back the size of a contentious tax hike in a revised budget.

South Africa's rand fell on Friday after U.S. President Donald Trump said he would cut off all federal funding to the country, while the dollar sagged after data showed the U.S. economy created fewer jobs than expected last month.

South African power utility Eskom resumed scheduled power cuts on Friday and said they would last across the weekend, after outages at the country's nuclear power station and one of its mammoth coal plants.