MARKET WRAP: Rand erases gains as it ‘errs on the side of caution’
Uncertainty around hung parliament continues, with business-friendly and unfriendly options on the table
04 June 2024 - 20:12
The rand was weaker on Tuesday, reversing the previous session’s gains as uncertainty around a coalition government continues.
The ANC’s top brass will hold meetings (https://www.businesslive.co.za/bd/politics/2024-06-04-anc-leaders-in-closed-door-meetings-to-decide-coalition-path/) over the coming days to chart the way forward in coalition talks. Business Day understands the ANC has conducted initial coalition engagements with the DA, EFF, Patriotic Alliance and the National Freedom Party. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.