Ramaphosa gets the blame for the weakening Rand

Die Vryburger

Ramaphosa gets the blame for the weakening Rand
Ramaphosa gets the blame for the weakening Rand. Photo: Die Vryburger

Judge Malala says that Cyril Ramaphosa’s announcement about the land issue was a total disaster and his continued lack of direction around the issue is even worse. He says politicians do not know what cause and effect means.

The Rand weakened at some point to about R15 against the dollar. It is in sharp contrast to January when the Rand was trading at R12 against the dollar and it was expected by all leftists that Ramaphosa would save the country.

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