#etvSunrise: Rand drops as ANC prepares for Zuma no-confidence vote
On Thursday morning we look at how the markets have reacted to the news of a motion of no confidence against President Jacob Zuma. Sunrise, weekdays at 5:30AM.
The rand dropped to R11.79 after the ANC announced at a media briefing that the governing party will on Thursday vote on a motion of no confidence.
The vote will take place in Parliament if Zuma doesn’t take into consideration the ANC’s call for him to resign before them.
Before the news on the motion of no confidence was reported the rand was trading on R11, 83 to the US Dollar.
Later in the show, we find out more about the much anticipated superhero Marvel film, Black Panther, featuring South African actors John Kani, Atandwa Kani and Connie Chiume.
Catch Sunrise Mondays to Fridays on OVHD Channel 104 and DStv channel 194 from 5:30AM -8:30AM.