DStv Channel 403 Wednesday, 04 December 2024

WATCH | Dawie Roodt reacts after banks accused of manipulating the Rand's value

 

JOHANNESBURG - Banks accused of manipulating the Rand's value have raised the ire of South Africans.

Political parties and lobby groups have called for stronger action against financial institutions involved.

Standard Chartered Bank has already admitted to being involved and has agreed to pay a R42m fine.

However, amid the furore and debate around this topic, what does it actually mean for the pockets of the average South African?

Economist Dawie Roodt speaks to eNCA.

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