South African Rand Set for Worst Week Since Feb.

The video discusses the decline of the Rand, influenced by political events involving Finance Minister Pravin Gordon. The Rand's value dropped after reports of Gordon being summoned for questioning by a police unit. President Zuma's support for Gordon temporarily stabilized the Rand, but investor concerns about Gordon's job security persisted. The Finance Minister aims to steer the struggling economy and avoid credit downgrades, with support from business and political figures like Deputy President Cyril Ramaphosa.

What concerns do investors have regarding the Finance Minister's job security?

What was the reaction of the Deputy President regarding the Finance Minister's situation?