The rand takes an all time hit since the Lady R incident
By Kouthar Sambo The Lady R case has impacted the country’s economy since the announcement by US Ambassador to South Africa Rueben Brigety claimed in May that South Africa supplied Russia with arms in December through the Lady R cargo vessel. The incident resulted in the rand taking a significant hit. While it may have recovered weeks later, recent reports indicated that the matter had not been entirely resolved since […]
