The rand has held steady this week trading firmly against major currencies. This morning it was trading around R13. 41 to the dollar, R 14.93 to the euro and R 17.37 to the pound. The price of Brent crude oil is currently hovering around $46.13 a barrel. While coalition talks are underway between various political parties in South Africa, the ANC is still coming to terms with the reduction in votes received by the party during the recent municipal elections.
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The Regulatory burden | Cannon Asset Managers research