US Ambassador Scares Rand into a Drop: South Africa Accused of Giving Russia Weapons in Ongoing Conflict with Ukraine

US Ambassador Scares Rand into a Drop: South Africa Accused of Giving Russia Weapons in Ongoing Conflict with Ukraine
Photo by Tamara Gak / Unsplash

The US Ambassador to South Africa, Reuben Brigety is ready to "throw hands".  A serious charge has been laid at the hands of South Africa. Not surprising to me due to the whole BRICS alliance going on.

  • Amid mounting pressure, South Africa finds itself in a cagey situation as signs emerge of its favoritism towards Russia. Joint naval exercises held this year have raised eyebrows, with the United States accusing South Africa of covertly supplying arms to Russia during a naval operation. This accusation is a huge foreign policy puzzle for President Cyril Ramaphosa.
  • A potential trade fiasco looms over South Africa as the scandal surrounding the Lady R unfolds. This Russian vessel, under sanctions, made headlines when it docked at Simons Town naval dockyard near Cape Town in December. The controversy surrounding the incident is likely to cast a shadow over South Africa's efforts to maintain trade links with the United States.
  • Adding fuel to the fire, Ramaphosa's ill-fated decision to invite Russian President Vladimir Putin to the BRICS leaders summit in Johannesburg in August has had dire consequences. The International Criminal Court's indictment of Putin for war crimes has put South Africa in a tough spot. As a member of the ICC, the country would be legally obligated to arrest Putin if he were to set foot on its soil.
  • These developments have taken a toll on South Africa's economy, with the rand dropping to 19.2 against the US dollar on May 11, 2023, following the reports.

Geopolitics is a mess. The war between Russia and Ukraine carries on and other background conflicts like getting off dollar dominance have been happening. Could we be seeing some harsh penalties enforced on South Africa? Regardless of your moral stance, surely we must be seeing an acceleration of BRICS right here. Let's see what happens.