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

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
'Insecure? Underendowed? We’ve got the car for you!'

'Insecure? Underendowed? We’ve got the car for you!'

The Money Show’s Bruce Whitfield interviews branding and advertising expert Andy Rice.

Shoprite increases market share to 33.2% (an all-time high)

Shoprite increases market share to 33.2% (an all-time high)

The Money Show’s Bruce Whitfield interviews Shoprite CEO Pieter Engelbrecht.

Naspers pays CEO Bob van Dijk R28 million (revenues totals R192 billion)

Naspers pays CEO Bob van Dijk R28 million (revenues totals R192 billion)

The R1.25 trillion company’s revenues totalled R192 billion. Bruce Whitfield interviews Allan Gray's Simon Raubenheimer.

I want to ride my bicycle! I want to ride my bike!

I want to ride my bicycle! I want to ride my bike!

The business of cycling... The Money Show’s Bruce Whitfield interviews Team Dimension Data’s Doug Ryder.

Struggling to save? Let us show you how (despite the rand, petrol, electricity…)

Struggling to save? Let us show you how (despite the rand, petrol, electricity…)

Our resident financial advisor, Warren Ingram, shares his top tips for saving money.

The rand is more stable than any time since 1999 and poised to strengthen

The rand is more stable than any time since 1999 and poised to strengthen

We're used to the rand value rollercoaster. However, 2014 is shaping up to be the least volatile year for the rand since 1999.

Popular articles
So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Getting to know MP, Dr Makhosi Khoza

Getting to know MP, Dr Makhosi Khoza

Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.

10 sexting tips on how to keep things spicy (and safe)

10 sexting tips on how to keep things spicy (and safe)

Interested in sexting but worried about the risks? Dr Eve has created a guideline to help you 'sext' in a fun and responsible way.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?