The green light for a transition was given despite Trump’s plans to continue with legal challenges. On local soil, government announced that it will pay R500m toward the Covid-19 vaccine distribution scheme co-led by the WHO, having reportedly submitted a non-bonding confirmation of its intent to participate.
Reuters indicated that the scheme that the finance ministry was referring to is the COVAX vaccine distribution scheme, which is the main WHO-led partnership scheme “for ensuring global vaccine access.” At the close of local trade, the rand quoted 0.39 percent stronger at R15.36/$, after trading in range of R15.31/$ - R15.45/$. The rand traded flat overnight. Expected range today R15.00/$ - R15.40/$.The JSE All Share ended higher in risk-on trade yesterday, with large financial stocks leading the charge. In the overall emerging market sphere, the MSCI Emerging Market Index traded lower.
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realDonaldTrump JoeBiden A few years ago it would have said that it's Zuma's fault.
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