The rand was firmer on Friday, holding at its best levels since August, with investors looking ahead to President Cyril Ramaphosa’s announcement of cabinet members.

The local currency firmed more than 2% for the week, with the all share index adding more than 3% as investors welcomed the newly formed government of national unity (GNU), which markets perceive as positive...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.