{"id":61694,"date":"2016-01-12T16:36:43","date_gmt":"2016-01-12T14:36:43","guid":{"rendered":"http:\/\/www.myza.co.za\/zuma-says-rands-response-to-nene-dismissal-was-an-overreaction\/"},"modified":"2016-01-12T16:36:43","modified_gmt":"2016-01-12T14:36:43","slug":"zuma-says-rands-response-to-nene-dismissal-was-an-overreaction","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/zuma-says-rands-response-to-nene-dismissal-was-an-overreaction\/","title":{"rendered":"Zuma Says <b>Rand&#39;s<\/b> Response to Nene Dismissal Was an Overreaction"},"content":{"rendered":"<p><strong>Zuma Says <b>Rand&#39;s<\/b> Response to Nene Dismissal Was an Overreaction<\/strong><br \/>\n<br \/>\nThe removal of former Finance Minister Nhlanhla Nene in December didn&#39;t trigger the collapse of South Africa&#39;scurrency, President Jacob Zuma said. \u201cThe rand had been going down when Nene was there, it had been going down for months and months,\u201d&nbsp;&#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-01-11\/zuma-says-rand-s-response-to-nene-dismissal-was-an-overreaction\">Bloomberg<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>GLOBAL MARKETS-Shares extend losses as China sows confusion<\/strong><br \/>\n<br \/>\nCurrency markets saw some wild swings with the South African rand collapsing to record lows at one point before bouncing. MSCI&#39;s broadest index of Asia-Pacific shares outside Japan slid 1.8 percent to its lowest since late 2011. China&#39;s main indexes&nbsp;&#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/af.reuters.com\/article\/energyOilNews\/idAFL3N14U0BO20160111\">Reuters Africa<\/a><\/p>\n<p><\/i><\/p>\n<p><strong><b>Rand<\/b> weakness dampens <b>SA<\/b> Property<\/strong><br \/>\n<br \/>\nUntil the ministerial merry-go-round in SA&#39;s government, South African listed property outperformed equities and bonds, mustering a 15% return in rand terms for the first 11 months of 2015, reports Ortneil Kutama, Africa Property News.com Media Director.<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.africapropertynews.com\/southern-africa\/3187-rand-weakness-dampens-sa-property.html\">Africa Property News<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>SWOT Analysis: <b>South African<\/b> Gold Miners Surge Due To Margin Expansion from <b>&#8230;<\/b><\/strong><br \/>\n<br \/>\nSouth Africa&#39;s President Jacob Zuma fired his finance minister this week, and replaced him with a little-known lawmaker, according to Bloomberg. The South African rand plunged against the dollar on this news, causing South African gold miners to surge &#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/news.goldseek.com\/GoldSeek\/1450104125.php\">Gold Seek<\/a><\/p>\n<p><\/i><\/p>\n<p>List your event on www.MyZA.co.za for free &#8211; <a target=\"_blank\" href=\"http:\/\/www.myza.co.za\/add-your-event\/\">click here<\/a> to get started.<\/p>\n<p><small>These <em>South African Rand<\/em> Yahoo news snippets were automatically curated and published with <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot<\/a> plugin &#8211; <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">CLICK HERE<\/a> to learn more about <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot for WordPress<\/a> &#8211; a massive time and money saver.<\/p>\n<p><a target=\"_blank\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/channel\/UCgzgeTm3pKPjkFy4WHrH8xA\">Visit the MyPE YouTube Channel<\/a>.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zuma Says Rand&#39;s Response to Nene Dismissal Was an Overreaction The removal of former Finance Minister Nhlanhla Nene in December didn&#39;t trigger the collapse of South Africa&#39;scurrency, President Jacob Zuma said. \u201cThe rand had been going down when Nene was there, it had been going down for months and months,\u201d&nbsp;&#8230; Read more on Bloomberg GLOBAL [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3247],"tags":[10395,10806,10807,10659,5671,3687,3418],"class_list":{"0":"post-61694","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"tag-dismissal","8":"tag-nene","9":"tag-overreaction","10":"tag-rand39s","11":"tag-response","12":"tag-says","13":"tag-zuma","14":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/61694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=61694"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/61694\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=61694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=61694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=61694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}