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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South African Finance Minister Nhlanhla Nene has been replaced by inexperienced ANC backbencher David van Rooyen.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 »
What Lies Ahead for South Africa's New Finance Minister?
New Finance Minister David van Rooyen has received an open letter warning him against an aggressive increase of taxes.
Brett Birkenstock of Overberg Asset Management said the decline of the Rand is continuing as analysts, foreign investors and the world as a whole try to digest the ramifications of Nene's removal (file photo).
InFocus
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President Jacob Zuma's decision to replace Nhlanhla Nene with David van Rooyen as finance minister has been poorly received after the Rand crashed to the U.S. Dollar and British ... Read more »
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Nhlanhla Nene has been replaced by David van Rooyen, an African National Congress member of parliament. Read more »
