Parliamentary committees concerned about rand’s sharp fall

Parliament’s Standing and Select Committees on Finance and Appropriations have voiced their concern about the rand’s depreciation and the non-inclusion of the effect that corruption has on the state’s fiscal framework. They said that tough decisions would need to be taken with regards to the fiscal framework for the 2016 Medium Term Expenditure Framework‚ adding that the effect of the drought‚ the exchange rate and the effect of the higher education zero fees increases would add pressure on the...