The UK pound could face harder times ahead.
British shoppers won't have seen any difference to the value of their pounds yet, but everything from baked beans to bargain holidays could be affected down the line.
South African President Cyril Ramaphosa, left, introduces the country’s new Finance Minister, Tito Mboweni, in Cape Town.
Phando Jikelo/African News Agency(ANA)
South Africa's new finance minister comes with considerable skills and political finesse needed to steer the country out of its economic quagmire.
South Africa's finance minister Malusi Gigaba failed to impress when presenting the eagerly awaited 2017 medium term budget.
Running out of options. Finance Minister Malusi Gigaba speaks after delivering his medium term budget.
South Africa's 2017 medium term budget reveals a growing gap between revenue and expenditure which places the country in a highly vulnerable financial state.