South Africa's rand slumped to its weakest in 18 months on Monday, while local stocks plunged before staging a recovery as U.S. President Donald Trump's sweeping tariffs and global recession fears rocked financial markets. At 10:25 GMT, the rand traded at 19.31 against the dollar, down 1% from Friday's close, after earlier touching its weakest since October 2023. Thabiso Kotane speaks to Investment Manager and CEO of Inkunzi Wealth Group, Owen Senzangakhona Nkomo.

<p>South Africa's rand slumped to its weakest in 18 months on Monday, while local stocks plunged before staging a recovery as U.S. President Donald Trump's sweeping tariffs and global recession fears rocked financial markets. At 10:25 GMT, the rand traded at 19.31 against the dollar, down 1% from Friday's close, after earlier touching its weakest since October 2023. Thabiso Kotane speaks to Investment Manager and CEO of Inkunzi Wealth Group, Owen Senzangakhona Nkomo.</p>

POWER Drive is a packed news and current affairs show, providing you with a comprehensive round-up of the day’s breaking news. The show features our own POWER News reporters wrapping up the major stories of the day, analysis, sport, market updates, weather and all your calls. POWER Drive host Thabiso Kotane tells you what you need to know with humour and insight as you drive home.

<p>POWER Drive is a packed news and current affairs show, providing you with a comprehensive round-up of the day&rsquo;s breaking news. The show features our own POWER News reporters wrapping up the major stories of the day, analysis, sport, market updates, weather and all your calls. POWER Drive host Thabiso Kotane tells you what you need to know with humour and insight as you drive home.</p>