Rand falls on domestic woes as stock rally ends

Rand falls on domestic woes as stock rally ends

The currency has weakened 3.5% since the beginning of the year, as the country grapples with nationwide power cuts that have dented economic output and sapped investor confidence.
JOHANNESBURG – The rand fell to a five-week low against the dollar on Monday …
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Adetunji Omotola
Adetunji Omotola 898 posts

Adetunji Omotola is the Founder of The Guild of Nigerian Professionals-SA and Nigeria Diaspora Television. He is the Presenter of Afrobizz on Kaya FM and Africa Now on Africa Business Radio. He is also The Founder of African Wine Circle and blogs at www.winelawandpolitics.wodpress.com

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