It was a good week for the SA economy, even if that didn’t reflect on the stock exchange. The dropping of the charges against Gordhan instantly reflected in the exchange rate though – why the disparity? Stock exchanges are more inclined to move downward on political risk, and are slow to recover, not necessarily reacting to good news.... Full transcript available in a newsletter. Email me on dawn.ridler@mweb.co.za to get on the mailing list.
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