• The South African government is in the process of amending th e constitution to address the land imbalance by expropriating land from the current holders without compensation.
  • The policy alone can be chaotic and disastrous leading to lower productivity and capital flight.
  • The Rand should be significantly weaker in the coming weeks
  • The levels to be watching are 12.0, 12.2 and 12.45.
Happy trading
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