The rand was weaker against major currencies shortly before midday on Thursday‚ following the ANC’s proposal on Wednesday to nationalise the Reserve Rank. The local currency shed about 2% on Wednesday‚ shortly after the proposal‚ which…
The rand was weaker against major global currencies on Monday afternoon‚ after risk spiked following a call by Public Protector Busisiwe Mkhwebane for a change in the South African Reserve Bank’s mandate. The requirements for a…