The rand cracks R14.00 to USD level. Clicks buys Pick n Pay pharmacies

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Manage episode 292157509 series 1375801
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The rand rose to a 16-month high against the dollar on Monday, John Cairns global markets strategist at Rand Merchant Bank explains what caused it to strengthen. Independent retail analyst, Syd Vianello explains the big retail news acquisition of the day, which is Clicks purchasing Pick n Pay's pharmacy business. Then for a change, instead of speaking about other people's money, Kokkie Kooyman, portfolio manager at Denker joined us to discuss his relationship with money.

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