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ANB suspended, code changes tomorrw to ANH

ZAR/USD = 14.20  why suddenly ?

Oh, Rand tanks on Gordhan summons news.
http://www.fin24.com/Economy/gordhan-receives-summons-for-fraud-report-20161011

I see the termites are once again gnawing away at the ANC tree - I wonder if they will even be a creditable opposition party after 2019.Can't recall a single terrorist organization that turned to politics actually surviving the long term haul

Sigh, I was to move my last amount offshore for the year in 2 weeks time...

I do believe banks and retaqil ops are all suffering from this last piece of lunacy. I hold Massmart, Mr Price, Pick n Pay,
Truworths, and Woolworths and they are all down 3.0% or more - the banks have had R 50 billion wiped off their capitalisation which is big number   

What I find extraordinary is the list of ministers making up the ministerial task force looking into student unrest at the uni's - the only missing acolyte seems to be Zwane - wonder if he is going to be reshuffled out of the cabinet. Where is Des van die rooi een

If PG gets the chop then yes but look back at the previous attempts and you will see how the ZAR regained it's value over a short time. You take your own gamble.