News Formal

Markets welcome new National Executive - SABC News - Breaking news, special reports, world, business, sport

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Markets Nyheter

Sverige Senaste nytt,Sverige Rubriker

...Doing things in such a way that they are preparing themselves for the next election.

Markets have welcomed the country’s new National Executive, announced by President Cyril Ramaphosa last night.

The rand strengthened to R18 to the US Dollar when the JSE opened at 9 o’clock this morning after closing at R18.45 to the US Dollar on Friday last week. The JSE index traded higher, around 80,315 today after the cabinet announcement which also confirmed that Enoch Godongwana would remain as Finance Minister.

Makwe Masilela of Makwe Fund Managers says the new cabinet, which comprises of ministers and deputy ministers from different political parties, has brought market stability after“I think the markets will be looking the guys implementing what they are supposed to be implementing. That is to make sure that they accelerate the economic reforms.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 32. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Mixed reactions to new National Executive - SABC News - Breaking news, special reports, world, business,The ANC and its partners in government have welcomed the appointments.
Källa: SABC News Online - 🏆 32. / 51 Läs mer »