Chamber of Mines speaks out in support of Gordhan

The Chamber of Mines of South Africa (CoM) has come out against the summons of Finance Minister Pravin Gordhan, which saw the rand falling as much as 3% against the dollar on Tuesday. The chamber said in a statement that the National Prosecuting Authority’s decision to charge Gordhan in relation to alleged fraud, as part of an ongoing investigation into allegations surrounding the South African Revenue Service (Sars), was concerning.