Rand hits R17.38, following Phala Phala panel report
By Zuko Komisa Rand hits R17.38, following Phala Phala panel report. After ending on a three-month high on Wednesday, the rand fell more than 1% to R17.38 today as market volatility and investor jitters over President Cyril Ramaphosa's potential recall gripped the country. The rand was trading at R17.08 against the dollar at 8:55 a.m., up 0.7% from its closing price on Wednesday. Listen to analysis on Kaya Biz here: […]