# Rand, bonds weaken on cabinet reshuffle reports - Moneyweb

> The rand weakened more than 1 percent against the dollar on reports that President Zuma is considering a cabinet reshuffle. South African government bonds also sold off, with the 2026 benchmark yield rising 10 basis points.

- Date: 2017-01-30 · published 2017-01-30T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/73250-rand-bonds-weaken-on-cabinet-reshuffle-reports-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Domestic political risk weakens the rand, which raises the local cost of imported feed inputs but has little direct effect on global grain prices.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/rand-weakens-1-on-cabinet-reshuffle-reports/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.