Trading news

South Africa's scandal with Pravin Gordhan

South Africa's, Pravin Gordhan, Finance Minister is under investigation, a condition that destabilized the nation's government and created fear and uncertainty in one of the most industrialized economies, Mcebisi Jonas, the deputy finance minister said today.

South Africa's Gordhan spying on politicians

The issue was raised after Pravin Gordhan disobeyed to follow the police's inquiry to state whether or not he was involved, or rather have used a tax service unit for spying on politicians, including the President.

Following this incident, and amid the investigation having taken place, the nation's currency, the rand, declined approximately 3%.

Moreover, according to Mcebisi Jonas, this negative outcome does not destabilize the economy but creates uncertainty.

Read More

Tuesday, 13 Sep, 2016 / 9:04

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Metals Break Higher On “Biden Bounce”

Gold The yellow metal surged higher over the last 24 hours in response to the [...]

Posted on Thursday, 21 Jan, 2021 / 12:31 under

Wall Street at fresh record as Biden sworn in; euro up ahead of ECB

  Hopes of more stimulus and relief over Biden’s peaceful [...]

Posted on Thursday, 21 Jan, 2021 / 11:01 under

OIL struggling to break past 54 – US OIL Market Outlook – 21/01/2021

WTI Crude hit our short support target at $53 after API inventory showed a [...]

Posted on Thursday, 21 Jan, 2021 / 9:19 under