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South Africa’s rand tumbled after lowered the country to below investment grade

South Africa’s rand tumbled Monday after Standard & Poor’s, a credit ratings agency, lowered the … more A worker at the Stock Exchange in Johannesburg, South Africa uses his mobile phone Tuesday, April 4, 2017.
South Africa’s rand tumbled Monday after Standard & Poor’s, a credit ratings agency, lowered the country to below investment grade, citing political instability and threats to economic growth.
Zuma responded to the political crisis that … more South African President Jacob Zuma speaks at the official launch of the Trans-Africa Locomotive prototype near Pretoria, South Africa, on Tuesday, April 4, 2017.
The alliance between the ruling party and the trade union federation, or COSATU, has come under strain in the past.
lessSouth African President Jacob Zuma speaks at the official launch of the Trans-Africa Locomotive prototype near Pretoria, South Africa, on Tuesday, April 4, 2017.

South Africa
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South Africa’s finance minister greets former President Nelson Mandela’s wife

South Africa

Pravin Gordhan, South Africa’s finance minister, left, greets former President Nelson Mandela’s wife, Winnie Madikizela-Mandela, during the funeral service for Ahmed Kathrada, at West Park Cemetery in Johannesburg, South Africa, Wednesday, March 29, 2017.
(AP Photo/Themba Hadebe)Men carrying a coffin of Ahmed Kathrada, during the funeral service at West Park Cemetery in Johannesburg, South Africa, Wednesday, March 29, 2017.
It also said South Africa “has lost one of its valuable and most respected freedom fighters.”
Friends and family members prepares to pray as the coffin carrying the body of Ahmed Kathrada, during the funeral service at West Park Cemetery in Johannesburg, South Africa, Wednesday, March 29, 2017.
JOHANNESBURG (AP) – President Jacob Zuma said Wednesday he was not attending the funeral of a South African apartheid-era leader after Ahmed Kathrada’s family asked him to stay away. more South African President Jacob Zuma speaks at the official launch of the Trans-Africa Locomotive prototype near Pretoria, South Africa .

It also said South Africa “has lost one of its valuable and most respected freedom fighters.”

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