South Africa’s rand weakened as politicians from the coalition government’s two biggest parties continued talks aimed at resolving a dispute over the national budget.

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The South African rand faces uncertainty as Budget talks reach an impasse, raising concerns over economic stability.

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Minister of Finance Enoch Godongwana reminded everyone during his budget speech in March: South Africa is spending more than 22c of every rand raised in taxes just to pay interest on government ...

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The South African rand weakened early on Tuesday as negotiations between coalition partners over the deadlocked budget ...

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