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  • Forbes Africa

    TESTING TIMES

    Mar 26, 2020 3 minutes
    BY GODFREY MUTIZWA

    SOUTH AFRICA’S RAND CURRENCY REACHED ITS lowest in more than four years while the composite Johannesburg Stock Exchange (JSE) All Share Index recorded its worst drop in 23 years after the World Health Organization declared the outbreak a global pandemic, wiping billions of dollars from the value of companies listed on Africa’s most liquid and biggest stock exchange.

    And it’s been mostly downhill ever since. Business confidence in the first quarter of 2020 fell to a 21-year low, the Bureau for

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