EU

Rand recovering against pound amid Brexit

The rand has seen a 25% recovery against the British pound since January, after Britain voted to leave the European Union on June 24. “The rand has certainly been doing well,” said RMB analyst John Cairns on Monday. “The fall in (the pound to rand exchange rate) has been the[…]

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Court overturns result of Austrian election

Austria’s Constitutional Court has ruled that a presidential run-off election must be held again, handing a narrowly defeated candidate another chance to become the first far-right head of state in the European Union. Norbert Hofer of the anti-immigration Freedom Party (FPO) lost the May 22 vote to former Greens leader[…]

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Online petition not enough for 2nd #Brexit referendum

Brits disappointed with the UK’s referendum results will not be getting a second chance at voting, as UK’s Electoral Commission said that an online petition that gathered 3.7 million signatures was not enough to trigger a second referendum. The online petition carries no legal authority, the Electoral Commission ruled, after[…]

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Brexit re-vote petition signed 3.5mn times amid fraud probe

UK authorities are investigating a highly-popular anti-Brexit petition after “discovering” tens of thousands of fraudulent signatures. The petition platform’s lack of identity check raises concerns the vast majority of 3.5 million signs could be fake. Britain’s House of Commons Petition Committee announced on Sunday that it has removed around 77,000[…]

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