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Rand eases after Fed hikes US rates
December 17, 2015--The rand has weakened after the Federal Reserve raised its key lending rate, while Moody's outlook change on SA's on credit rating also pressured local assets.
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Source: FIN24
Rand prospects poor as dust settles over Zuma moves
December 16, 2015--The already fragile market confidence in the rand has been left in tatters by SA's political crisis, with risk firmly skewed towards a weaker rand, say analysts.
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Source: FIN24
JSE stabilises further
December 15, 2015-0The JSE has stabilised further after new Minister of Finance Pravin Gordhan did much to soothe investors' concerns about future fiscal discipline.
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Source: FIN24
Rand, bonds surge as Zuma reappoints Gordhan
December 15, 2015--The rand has strengthened, leading gains among major and emerging market currencies after President Jacob Zuma reappointed Pravin Gordhan as finance minister.
AA href="http://www.fin24.com/Markets/Currencies/rand-bonds-surge-as-zuma-reappoints-gordhan-20151214" TARGET="_top">view more
Source: FIN24
10 days of shocks and surprises for SA
December 15, 2015-It has indeed been quite a week in the world of SA finance. It included a downgrading by Standard & Poor's and by Fitch Ratings, a cabinet meeting, an NHI white paper announcement, and three finance ministers in quick succession.
All of this to the background tune of the rand falling sharply and a sell-off of government bonds.
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Source: FIN24
South Africa: SA Reels From Three Finance Ministers in One Week
December 14, 2015--The rand immediately improved after the reappointment of Pravin Gordhan as Finance Minister on
Sunday, after a week of market turmoil followed a shock move by President Jacob Zuma.
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Source: AllAfrica.com
SA reels from three finance ministers in one week
JSE rush on gold shares continues view more
Rand recovers after Nene firing sparks sell-off view more
Rand weakens to near record after Nene axing view more
December 14, 2015--The rand has immediately improved after the reappointment of Pravin Gordhan as Finance Minister, after a week of market turmoil followed a shock move by President Jacob Zuma.
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Source: Fin24
December 11, 2015--The gold share rush on the JSE to cash in on rand weakness has continued,
while foreign investors are leaving the financial sector in droves.
Source: FIN24
December 11, 2015--The rand has showed some signs of recovery after touching a record low, but markets remain on edge
after the shock sacking of Finance Minister Nhlanhla Nene.
Source: FIN24
December 10, 2015--The rand has weakened, edging towards the record low hit in the previous session after
President Jacob Zuma removed Nhlanhla Nene as Finance Minister.
Source: FIN24
