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Monday, August 7, 2017

South African rand booms on speculation of Zuma's impeachment

The President of South Africa, Jacob Zuma, may be impeached tomorrow, which will be bullish for the rand. Zuma has been in power since 2009 and eight previous no-confidence votes against him have failed. But this time there will be a secret ballot which increases chances of impeachment.
South African rand booms on speculation of Zuma's impeachment

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