The rand is tanking and everything we thought the December ANC election had brought us seems to be lost. Is this the end of Ramaphoria? Emerging-market currencies are feeling the heat from the Federal Reserve’s recent rate hike. But at least South African politics is no longer the reason investors are selling emerging-market assets. Business Day editor-at-large Hilary Joffe and her panel of journalists discuss this and other stories making headlines this week.
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