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        11/12/2019 | 03:48am EST
        FILE PHOTO: South African Rand coins are seen in this photo illustration

        South Africa's rand was slightly firmer early on Tuesday, as investors awaited a speech on trade by U.S. President Donald Trump amid his country's long-running tariff war with China.

        At 0728 GMT, the rand traded at 14.8520 versus the dollar, around 0.2% stronger than its previous close.

        Government bonds were also a shade stronger, with the yield on the 2026 bond down 0.5 basis points at 8.49%.

        Trump is due to give his address at lunchtime at the Economic Club of New York.

        On the Johannesburg Stock Exchange, the All-share index was 0.6% higher.

        Telkom SA shares were up 0.3% after the firm said half-year profit slumped by 36%. It had flagged to investors that profit could drop up to 40%.

        (Reporting by Alexander Winning; editing by John Stonestreet)

        Stocks mentioned in the article
        ChangeLast1st jan.
        EURO / SOUTH AFRICAN RAND (EUR/ZAR) -0.53% 16.3221 Delayed Quote.-0.47%
        US DOLLAR / SOUTH AFRICAN RAND (USD/ZAR) -0.40% 14.8139 Delayed Quote.3.54%
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