Stay the Course

Stay the Course

‘Stay the course’ is a phrase that has its origins in nautical metaphor and has been popularised by world leaders primarily in the context of war or battle. According to Stewart Alsop’s 1973 memoirs of a conversation with Winston Churchill, the British Prime Minister contemplated towards the end of World War II: “America, it is […]

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The rocketing rand

Although local political events do affect the rand, as we have seen recently, it’s the global factors that have a longer-term influence. Amid much fanfare, the rand broke through to R12 to the US dollar for the first time since May 2015. At first glance it appears to be a continuation of the “Ramaphosa rally” […]

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