JZ presides over worst rand rout since PW Botha - Dwaine van Vuuren (Sharenet)

The rand hasn’t been this weak since 1984 when South Africa was run by P.W. Botha under international sanctions, says Dwaine van Vuuren, Head of Research and Product Development at Sharenet.

Botha served 41% of his term with South Africa in recession.

The Money Show’s Bruce Whitfield interviewed Van Vuuren, Head of Research and Product Development at Sharenet.

Van Vuuren spoke about a recent article of his entitled “Zuma presides over worst Rand Rout since 1984” in which he explores the state and trend of the rand since 1984.

Scroll down for the audio and quotes from it.

There is a long-term structural decline in the rand.

Dwaine van Vuuren, Head of Research and Product Development at Sharenet

The commodities boom is over. Hot money is flowing out.

Dwaine van Vuuren, Head of Research and Product Development at Sharenet

R20 to the dollar is possible.

Dwaine van Vuuren, Head of Research and Product Development at Sharenet

These things always overshoot and the rand may recover.

Dwaine van Vuuren, Head of Research and Product Development at Sharenet

Our electricity “own goal” happened 10 years ago. There are no quick fixes.

Dwaine van Vuuren, Head of Research and Product Development at Sharenet

Government policies have led to an investment strike by the private sector.

Dwaine van Vuuren, Head of Research and Product Development at Sharenet

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This article reflects the views of Dwaine van Vuuren, Head of Research and Product Development at Sharenet. It has been updated since it was first published to clarify that it's the view of Van Vuuren and not The Money Show.


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