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How the rand’s March meltdown compares to other recent crashes

Summary by News24
The rand has already lost nearly 8% of its value in March, putting it on course to surpass the 7% “Nenegate” crash in December 2015, when former President Jacob Zuma fired Finance Minister Nhlanhla Nene.

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How the rand’s March meltdown compares to other recent crashes

The rand has already lost nearly 8% of its value in March, putting it on course to surpass the 7% “Nenegate” crash in December 2015, when former President Jacob Zuma fired Finance Minister Nhlanhla Nene.

·South Africa
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News24 broke the news in South Africa on Monday, March 30, 2026.
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