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Wall Street Update

The South African finance minister has been sacked; the rand plunges to record lows.

The South African finance minister Nhlanhla Nene has been sacked. The country's currency, the rand, has plunged to record lows following his departure. The 大象传媒's Lerato Mbele reports from Johannesburg on why President Zuma has chosen to replace his finance minister now.

Plus, the continued fall in commodity prices was a big talking point for investors in New York - we hear from Doug McIntyre at the financial website 24/7 Wall Street.

6 minutes

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