The rand cost of a divided ANC

The rand suffered its worst weekly performance since February, last week. This follows a cocktail of catalysts in the form of a contracting economy and an attack on the reserve bank. Questions have been raised about whether there was a short position on the rand ahead of ANC secretary general, Ace Magashule’s dropping the SARB mandate bombshell. Andre Cilliers, Director at Treasury ONE joins CNBC Africa for more.

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