— The rand firmed against the dollar in afternoon trade on Wednesday, having absorbed the Reserve Bank’s current-account deficit data that came out worse than expected on Tuesday.
— South Africa has to thank its labour unions as well as big business for the country not having been downgraded to junk by the three ratings agencies recently, Deputy President Cyril Ramaphosa said on Wednesday. (Fin24)
— The South African government’s strides to empower and give hope to young people will be highlighted when President Jacob Zuma delivers the national Youth Day commemoration speech at the Orlando stadium in Soweto.
Thursday marks exactly 40 years since the tragic “June 16” Soweto student uprisings, which claimed lives of hundreds of protesting youth. (South African Broadcasting Corporation) Enditem
Source; Xinhua/Newsghana.com.gh
