The past two weeks have been extraordinary for financial markets, the rand exchange rate in particular. It weakened, at one point, to R19.50 against the US dollar. What is apparent is that mostly domestic issues are at play, given we did not see the same sell-off in other emerging markets.

It has been difficult to talk about South African investment prospects with US investors this week as they have many questions whose answers don’t seem to come quickly from policymakers...

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.