By Lelethu Mquqo
25 March 2011
The rand fluctuated earlier today when President Jacob Zuma announced that he and Finance Minister Pravin Gordhan would be addressing a media conference this afternoon.
There were fears that the announcement could adversely affect the rand.
However, Zuma announced that director of the National Treasury Lesetja Kganyago has been appointed deputy governor of the Reserve Bank.
The rand immediately recovered at the news. He will begin his new job on the 16th of May.
Subscribe to:
Post Comments (Atom)
Increase in SA's mid-festive road fatalities
There has been an increase in mid-festive road fatalities , compared to 2023. Five hundred and twelve people died on South Africa's roa...
-
A man suspected of killing and raping a number of members of the farm worker community in Philippi on the Cape Flats appears in a Cape Town ...
-
''Human behaviour is the main cause of wildfires.'' These remarks were made by the Western Cape’s Local Government, Environm...
No comments:
Post a Comment