A short history of market reactions to political events: What is clear, however, is that there is a definite pattern to how bond markets have reacted to political news in South Africa over the last few years. As the chart below shows, any threats to the stability of the National Treasury draw a negative reaction …
Source: “South Africa” – BingNews
South Africa’s currency plummets: HONG KONG (CNNMoney) – High-profile politics in South Africa has slammed the country’s currency. The rand plunged nearly 4 percent against the dollar after President Jacob Zuma ousted his finance minister, Pravin Gordhan. Zuma announced in a statement late …
Source: “South Africa” – BingNews
Analysts: SA’s stability at stake after Zuma Cabinet reshuffle: Lamberti says South Africa may be in for a rough couple of weeks, with probabilities of the rand reacting the same way it did when former Minister Ntlantla Nene was removed and even worse. “The likelihood is that the foreign investment community …
Source: “South Africa” – BingNews
Munster’s Jaco Taute excited about prospect of all-out warfare: I’m just running out on the pitch and giving it my all.” In any event, the thought of watching this quarter-final in South Africa almost sends a shudder up his spine. “I think I would have cried. The season has been so great and we’ve been working …
Source: “South Africa” – BingNews
