Trump tweet knocks rand off recovery path

The government swiftly hit back at Donald Trump after a tweet by the US president on the land expropriation debate in SA was said to have helped derail the rand’s recovery.

In his first mention of SA on Twitter since becoming president, Trump said he had asked his secretary of state Mike Pompeo to “closely study the South African land and farm seizures and expropriations and the large scale killing of farmers”.

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With Linda Ensor and Natasha Marrian

Source: businesslive.co.za