Rand takes a beating on Gigaba budget shock

PUBLISHED: Thu, 26 Oct 2017 10:47:02 GMT


The markets fallout from mid-term budget speech has continued. The rand has slumped to its weakest level this year; while bonds have plummeted past levels last seen when former finance Minister Pravin Gordhan was fired.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.