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South Africa: Van Rooyen Warned Not to Squeeze Taxpayers
News24Wire, 11 December 2015
In an open letter to new Finance Minister David van Rooyen the SA Institute of Professional Accountants (Saipa) reminded the minister to be wary of "killing the goose that lays the… Read more »
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South Africa: Nene Axing Huge Blow for Already Frail Economy
News24Wire, 11 December 2015
The sudden replacement of Finance Minister Nhlanhla Nene is one of the worst events for an economy that has little-to-no 'cushioning', warned Citi Research on Friday. Read more »
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South Africa: Market Uncertainty Greets New Finance Minister
DW, 10 December 2015
South African Finance Minister Nhlanhla Nene has been replaced by inexperienced ANC backbencher David van Rooyen. The announcement comes at a critical time for the country's… Read more »
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South Africa: Battered Rand Tests R16/$ in Nervous Trade
News24Wire, 11 December 2015
The rand rout continued on Friday, with the local unit briefly breaking through R16/$ before recovering to the high R15.70s. Read more »