Rand in freefall after Budget cancellation

[Bloomberg]

Rand in freefall after Budget cancellation

South Africa’s rand and bonds weakened after parliament delayed the presentation of the annual budget, an unprecedented decision that highlighted increasing strains in the GNU.

 

[Magnum]

Free falling..... Free falling.

 

[Bliksis]

Rand in freefall after Budget cancellation

South Africa’s rand and bonds weakened after parliament delayed the presentation of the annual budget, an unprecedented decision that highlighted increasing strains in the GNU.

Red flags waving!

 

[Bliksis]

Twice in rapid succession, proudly brought to you by DailyInvestor

South Africa’s Budget cancelled

South Africa’s Budget cancelled South Africa's 2025 Budget presentation has been postponed due to a lack of agreement within the coalition government, reportedly over proposed tax increases.

mybroadband.co.za

 

[Lupus]

Was at 18.55 at 12:30 now 18.52? Falling the right way?

 

[Bliksis]

Was at 18.55 at 12:30 now 18.52? Falling the right way?

Hey! Facts don't matter here!

 

[xcaliber]

WTF.

1 week average: Rand improved 0.11%
1 day: Rand lost 0.45 %

Hardly a free fall.

Not like the **** show when we replaced the Finance minster .

 

[UrBaN963]

So...it got better and it's a freefall. So it's falling upwards. Is this Australia?

 

[Bliksis]

So...it got better and it's a freefall. So it's falling upwards. Is this Australia?

DailyInvestor logic.

A bot account masquerading as a international news outlet by sneakily taking on the same name.

 

[UrBaN963]

DailyInvestor logic.

A bot account masquerading as a international news outlet by sneakily taking on the same name.

Yup.

I'm not saying it's retarded, I'm just saying it has really bad luck when it comes to thinking.

 

[Bewlen]

DailyInvestor impersonating Bloomberg again.

It's weird to see DailyInvestor as some sort of clickbait-DieSon version of the financial world. Real scummy stuff. Yugh.

 

[Bliksis]

DailyInvestor impersonating Bloomberg again.

It's weird to see DailyInvestor as some sort of clickbait-DieSon version of the financial world. Real scummy stuff. Yugh.

This is the new MyBroadband.

 

[FiestaST]

 

[HAL 9000]

Hey! Facts don't matter here!

 

[SlowInternet]

Wanted to increase VAT by 2%.

They just know how to try and get the last drop of blood from the consumer/taxpayer.

 

[Lupus]

Wanted to increase VAT by 2%.

They just know how to try and get the last drop of blood from the consumer/taxpayer.

Should've upped it and dropped income tax. Let the leeches pay something

 

[Polymathic]

So...it got better and it's a freefall. So it's falling upwards. Is this Australia?

Use your brain brah.

Which side of the is South Africa is on?

 

[Bliksis]

Use your brain brah.

Which side of the is South Africa is on?

He should have said falling towards Windhoek

 

[neoprema]

What happened? did they realize a miscalculation was made and they might not get the latest Bentleys only 2024 editions??

 

[CUZ_458]

"when the rand falls , we will pick it up"