Impact Of The Rand Manipulation To South Africans

Professor Alex Van Den Heever, from the Wits School of Governance, joined Sizwe Dhlomo to unpack the complexity of the rand manipulation for 13 years, as reported last week with Standard Chartered paying a fine of over R40 million for their involvement in this. The Professor shared insights on the value of money, the impact this has on the economy of the country, as well as suggesting that there should be more done to persecute the executives who let this rand manipulation go on for years.