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The South African currency had a tumultuous month, reaching an all-time low of R19.80 to the dollar in the past week. Higher interest rates, the impact of load shedding as well as accusations that the country supplied arms to Russia are among factors that continue to weaken the rand. ....
Wits Business School professor, Jannie Rossouw, said that he did not believe that there was room for higher taxes when National Treasury tables the budget in Cape Town on Wednesday afternoon. ....
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