Rands money

The value of the Rand has risen all day as the chance of Cyril Ramaphosa becoming the new ANC leader became apparent… and as the news was confirmed Monday evening that Ramaphosa is the leading party’s new President, the Rand stood at R12.73 to the US dollar, and R17.10 to the British pound.

People around the country have expressed similar optimism in Ramaphosa’s leadership, hoping that he’ll be the one who can turn South Africa around at a time of uncertainty when the world has been looking at SA in a negative light.

Other reactions to the naming of the 13th President of the ANC are:

WATCH the moment President Jacob Zuma hears Cyril Ramaphosa is the new ANC Leader!