Rand cheers transport strike resolution

2012-10-12 12:47

Johannesburg - The rand extended earlier gains to a fresh one-week high against the dollar on Friday after news that employers and unions had reached an agreement to end a three-week long truckers’ strike.

The rand firmed to R8.5920, its strongest level since last week Friday, gaining from R8.6305 before the news of the agreement. It closed at R8.66 in Thursday’s New York session.

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  • brandon.faber.908 - 2012-10-12 13:03

    excuse me but what about all these idiots who damaged property, killed people and intimidated others... do we let them back to work without consequence? ARE YOU MAD?

      deon.louw.7505 - 2012-10-12 15:56

      Some places have cameras and it will be followed up by the police (The killing of a CT man). Catching the culprits in a big group is rather difficult. The unions claim they are innocent, we shall see?

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