Why the rand will not recover

The rand is not as cheap as current levels suggest. Don’t expect it to recover, says Old Mutual Investment Group’s Denzil Burger.

Scroll down to listen to the audio for more detail.

We’re not competitive at current exchange rates. The rand is not weak enough.

Denzil Burger

We haven’t seen much rand weakness feed into inflation yet.

Denzil Burger

We need to fix the structural issues in our economy.

Denzil Burger

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