From the Editor's Desk: How Shaun Abrahams accidentally saved the rand
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He's an unlikely hero is Shaun Abrahams, the now-disgraced former head of the National Prosecuting Authority. But Abrahams may inadvertently have done the country and the currency a world of good by getting sacked amidst the emerging markets currency crisis. The rand, which by all logic should have tanked in the wake of the ongoing Turkish lira crisis, held its ground to a remarkable degree last week. It's a head-scratcher, until you remember that Abrahams' head rolled last week, sparking hope that the country may get a better NPA boss who can start to clean things up around here. Alec Hogg and Felicity Duncan discuss events at the NPA and their impact on markets. They also take a look at the ongoing chaos at Tesla and the role of the board in allowing it to continue. Learn more about your ad choices. Visit megaphone.fm/adchoices
