Weakening Rand May Increase S. Africa’s Competitiveness: Gordhan

Some of country’s exporters are taking advantage of weaker rand, Finance Minister Pravin Gordhan says in interview on sidelines of mining conference in Johannesburg.

  • Strikes in mining, auto industries and at South African Airways “not the end of the world,” Gordhan says
  • Strikes must not be overplayed, he says
  • Fuel prices to keep rising if rand keeps depreciating: Gordhan

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