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Rand drops on Zuma's suprise 'pro-nuclear' Cabinet reshuffle

The rand lost more than 0.5% within minutes of President Jacob Zuma's announcement of yet another surprise Cabinet reshuffle. The biggest move is that of energy - Mmamoloko Kubayi has been moved from the energy portfolio to communications, with David Mahlobo now occupying the position of Minister... 

Clover appoints CFO designate

Frantz Scheepers has been appointed CFO designate of JSE-listed Clover, effective November 1. He will succeed current CFO Elton Bosch. 
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