News events from this week that shook up the economy

JOHANNESBURG – This week marked the beginning of the end of Jacob Zuma’s controversial reign at the helm of continental superpower that is South Africa and the rand strengthened on the welcome news of his long drawn-out exit.
This is how Zuma’s removal – kicking and screaming – from the Union Buildings unfolded, which boosted the rand :
On Monday, the ANC’s national executive committee (NEC), the highest decision-making body between conferences, were locked in a marathon meeting that lasted more than 12 hours, wherein it was decided that Zuma must go. He refused. It emerged on Tuesday that he had been …read more