Rand slumps as South Africa seeks higher black mine ownership

*New regulations increase minimum black stake to 30% from 26% *Proposals ‘waking up’ investors to risks: Nomura’s Montalto 18 June 2017, London — The rand weakened the most in more than two months as South Africa said local mines should be at least 30 percent owned by black people in an effort to redress economic […] More »