1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

Rand falls as South African finance minister summoned by police

Janelle Dumalaon
August 24, 2016

Africa's most developed economy is in trouble. South Africa is on the brink of a recession, credit rating agencies are considering downgrading it to junk status by year-end. And drama at the top is only making investors more worried. The country's finance minister Pravin Gordhan may end up a political casualty.

Skip next section DW's Top Story

DW's Top Story

Russian soldiers at a victory day parade in Moscow
Skip next section More stories from DW
Go to homepage