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Tag Archive 'SARB'

Sep 10 2008

Why I’m negative on the rand – Part III

Published by under Opinion,South Africa

First published on my old blog on 10/12/2007.

I’ve alluded to the “frail-Mandela factor”, the “populist-Zuma factor” and the “let’s-get-rid-of-Trevor-Manuel factor” as grounds for being bearish on the rand in the next 12 months. There are more reasons for being negative, of which the most important is the “let’s-get-rid-of-Mboweni factor”. This factor has the potential to destabilise the rand in the coming months like no other.  [Read on]

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