Rand hits 9-month high as Ramaphosa wins ANC leadership

Rand hits 9-month high as Ramaphosa wins ANC leadership
JOHANNESBURG – South Africa’s rand scaled nine-month highs on Monday after Deputy President Cyril Ramaphosa became the new leader of the ruling African National Congress (ANC) party, succeeding President Jacob Zuma. Ramaphosa, a 65-year-old union leader …
Rand hits 9-month high as Ramaphosa wins ANC leadership