Rand strengthens on Ramaphosa win
The rand appreciated sharply on Monday as investors welcomed the re-election of president Cyril Ramaphosa as leader of the ruling ANC. Ramaphosa’s win — which he clinched after a last-minute heated race against his opponent Zweli Mkhize — has seemingly eased market uncertainty about the ANC’s policy trajectory, sending the rand firmer to R17.30 against … Read more