Why that rand could be facing a bumpy year
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The local unit is set for another bumpy year as investors struggle to assess the effect of a weak domestic economy and geopolitical risks. But some analysts say the rand could strengthen as much as 4.4% against the dollar this year - that's only if the government makes progress in stabilising its finances and turning around Eskom. Joining Business Day TV with his perspective is Lukman Otunuga from FXTM.