New currency for South Africa, China, and India – Finance Minister responds

The swift formation of a new coalition government in South Africa after May elections has bolstered investor confidence and fueled a rally in the nation’s currency and the stock market, Finance Minister Enoch Godongwana said.

“This meant that the rand and South African equities benefited from this political stability created in a very short time.” It entered into an alliance with nine other mostly business-friendly parties to retain power within a month, and they agreed that growing the economy would be the new administration’s top priority.

Officials attending the meeting of the NDB, which was established in 2015 by the BRICS group of developing market nations,

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Finance Minister says 18% of the loans that New Development Bank granted have been disbursed.
مصدر: SABCNews - 🏆 37. / 51 اقرأ أكثر »

Meet the Finance Industry Players at South Africa Traders Fair 2024The South Africa Traders Fair 2024 is fast approaching, and anticipation is building for what promises to be a landmark event in the financial industry.
مصدر: brieflyza - 🏆 10. / 68 اقرأ أكثر »

Berhane Abrehe: Former Eritrean finance minister dies in jailBerhane Abrehe was Eritrea's longest serving finance minister before falling out with the president.
مصدر: BBCAfrica - 🏆 23. / 61 اقرأ أكثر »

Finance Minister Enoch Godongwana Warns Against Premature Two Pot Savings WithdrawalsFinance Minister Enoch Godongwana has dispensed advice to South African citizens ahead of the two-pot retirement system, but social media users are not having it.
مصدر: brieflyza - 🏆 10. / 68 اقرأ أكثر »