Category: cabinet
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South African rand weakens, focus on cabinet announcement By Reuters
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JOHANNESBURG (Reuters) – The South African rand fell in early trade on Monday, as markets awaited the announcement of President Cyril Ramaphosa’s government after the African National Congress lost its parliamentary majority in last month’s elections, the first time in 30 years. At 0556 GMT, the rand was trading at…
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South African rand edges lower, focus on president’s cabinet picks By Reuters
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JOHANNESBURG (Reuters) – Shares fell in early trade on Thursday, with investors turning cautious ahead of newly re-elected President Cyril Ramaphosa’s cabinet appointments under a unity government. At 0726 GMT, the rand was trading at 17.9850 against the dollar, down 0.15 percent from its previous close. The local currency rose…
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How Sunak’s Small Circle Forged Vote Plan That Shocked Cabinet
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Breadcrumb links PMN works Rishi Sunak gave his senior ministers just over an hour’s notice of what he was about to tell the country, and had already told King Charles III that he had decided to call a snap UK general election on 4 July. Article writer: Bloomberg News Alex…