From the Editor’s Desk: How disgraced NPA boss Shaun Abrahams accidentally saved the rand

DUBLIN — He's an unlikely hero is Shaun Abrahams, the now-disgraced former head of the National Prosecuting Authority (NPA). But Abrahams may inadvertently have done the country and the currency a world of good by getting sacked amidst the emerging markets currency crisis. The rand, which by all logic should have tanked in the wake of the ongoing Turkish lira crisis, held its ground to a remarkable degree last week. It's a head-scratcher until you remember that Abrahams' head rolled last week, sparking hope that the country may get a better NPA boss who can start to clean things up around here. Alec Hogg and I discuss events at the NPA and their impact on markets. We also take a look at the ongoing chaos at Tesla and the role of the board in allowing it to continue. – Felicity Duncan

Hello, and welcome to this week's episode of From the Editor's Desk. This is BizNews Radio and I am Felicity Duncan. With me on the line is Alec Hogg.

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