Zuma Says Rand's Response to Nene Dismissal Was an Overreaction The removal of former Finance Minister Nhlanhla Nene in December didn't trigger the collapse of South Africa'scurrency, President Jacob Zuma said. “The rand had been going down when Nene was there, it had been going down for months and months,” ... Read more on Bloomberg GLOBAL … [Read more...] about Zuma Says Rand's Response to Nene Dismissal Was an Overreaction
Dismissal
South Africa's Rand Falls to Record Low After Finance Minister's Dismissal – SA in the News
South Africa's Rand Falls to Record Low After Finance Minister's Dismissal The currency's drop came as yields on South African government debt surged and the country's FTSE-JSE All-Share index fell 1.9%. The past week's declines compound the troubles of an economy hit hard by a downturn in commodity prices and its inability ... Read more on Wall Street … [Read more...] about South Africa's Rand Falls to Record Low After Finance Minister's Dismissal – SA in the News
