‘Perfect storm’ hits the rand as South Africa faces possibility of 100 days of load shedding - BusinessTech

South Africa’s rand weakened the most in five months and benchmark bonds sold off as rolling power cuts, flood damage and signs of a Covid comeback added to worries about the country’s economic outlook.

South Africas rand weakened the most in five months and benchmark bonds sold off as rolling power cuts, flood damage and signs of a Covid comeback added to worries about the countrys economic outlook… [+1728 chars]

full article...