Diplomatic activity was initiated after U.S. President Donald Trump announced the withholding of aid to South Africa, which led to a nearly two percent drop in the value of the South African currency, the rand. Errol Musk, father of Elon Musk, organized a phone call between his son and South African President Cyril Ramaphosa after being contacted by the president’s advisor. The office of the South African president confirmed that the conversation took place, but no details were disclosed. Trump’s announcements are related to a law that allows expropriation.
Trump’s aid cut to South Africa hit rand value. Elon Musk called.
