LOOK: Unions, civil society blast banks over unfair practices
By Ntombi Nkosi, Itumeleng Mafisa
Apr 30, 2021
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Johannesburg - Civil society and some unions on Thursday stretched their muscles against what they termed as âracist banksâ during a protest outside Rand Merchant bank in the Sandton CBD.
The protest attended by almost 3 000 people saw different civic organisations coming together and singing with one tune against structural financial racism and bank bullying.
Present at the protests was the EFF, Sanco, ANC MKMVA, Cosas sand other organisations and unions.
Ordinary people who had lost their houses to the bank also came to show their support against the âracist bankâ.
التقارير الدولية تبرز أهمية الاستثمار في مصر: الأولى أفريقيا elwatannews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elwatannews.com Daily Mail and Mail on Sunday newspapers.
Rand at its best level in 14 months
15 April 2021 7:04 PM
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The rand rallied to pre-pandemic levels on Thursday. Bruce Whitfield interviews John Cairns, strategist at Rand Merchant Bank.
The rand traded below R14.30 to the US dollar for the first time in 14 months on Thursday.
It broke through to a high of R14.14 on the day.
That s the currency s best level since before the Covid-19 pandemic, in January 2020.
In April last year, the rand reached a low of R19.26 to the dollar.
Picture: 123rf
Is the rand s astonishing resilience at all surprising? he asks.
In a long term sense I m not surprised at the rand strengthening, but the last few days have been a little bit remarkable.
Rand at its best level in 14 months capetalk.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capetalk.co.za Daily Mail and Mail on Sunday newspapers.