Featured Post

Ancient Teachings

Genesis 1, 28 says that we should "go forth and multiply, and replenish the earth." Not all Bibles have this "replenish the e...

Tuesday, June 9, 2015

Eskom's workers help push rand to new low

Our erstwhile politicians and Eskom's workers are pushing the Rand to new lows. Official unemployment is at 37.8%, our worst ever.

And the 2 million unemployed people who could have work if only Medupi and Kusile Coal Power Stations were online, like they should be, don't realise that they need to go to Lephalale (Ellisras) and tell Eskom's workers to do their jobs!

Oil price has increased from R743.38 per barrel on 30th May to R806.98 today. 8.5% higher.

Rand at 12.44 to the $
13.99 to the Euro
19.04 to the Pound

$ is high against Euro at 1.12, but it has been as low as 1.4, which would make the Rand Euro 17.42!!!


No comments:

Post a Comment