News24 | Stable politics buoying rand, says Godongwana
Politics tamfitronics Minister of Finance Enoch Godongwana. (Jeffrey Abrahams/Gallo Images) The swift formation of a new coalition government has bolstered investor confidence and fuelled the rand rally, says Godongwana. The local currency rallied 3.7% against the dollar since President Cyril Ramaphosa announced a new cabinet in June. The FTSE/JSE All Share Index has gained 6.6% […]