International Relations Minister Ronald Lamola confirmed that Cyril Ramaphosa is working on nominating a new US ambassador, leaving many speculating who it would be.

South African Ambassador to the U.S. Ebrahim Rasool speaks about Nelson Mandela at the South African Embassy in Washington, Friday, Dec. 6, 2013.

The rand has appreciated 6.9% against the dollar since Trump’s inauguration, while the yield on South Africa’s US currency-denominated debt due in 2030 has declined about 80 basis points.

Helped by that trade initiative, South Africa, the world's second-largest citrus exporter after Spain, generates $100 million annually from the U.S. market.

South Africa will resume trade talks with the Trump administration on the sidelines of the US-Africa Business Summit next week, with less than a month to go before Washington’s reciprocal ...