Rand Reaction to Gordhan Benign, Says Coleman

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October 12 -- The summoning of South African Finance Minister Pravin Gordhan to face fraud charges shows deepening divisions within the governing African National Congress before the party elects new leaders next year, according to Goldman Sachs Inc. “There is clearly a sharpening of the knives between the various factions within the ANC,” Colin Coleman, a partner and head of Goldman Sachs Group in South Africa, said in an interview with Guy Johnson and Caroline Hyde on "Bloomberg Markets: European Open."