South African rand losses in the currency to look for higher-yield investments elsewhere and due to concerns over the impact of the economic slowdown in China, South Africa's largest export partner. By mid-January, economists were speculating that the Rand could expect to see further volatility for the rest of 2016. By 29 April, it reached its highest performance over the previous five months, exchanging at a rate of 14.16 to the United States dollar. Following the United Kingdom's vote to leave the European Union (EU), the Rand dropped in value over 8% against the United States dollar on 24 June 2016, the currency's
East Rand Stereo FM frequency with another community radio station. East Rand Stereo received a license in 1999 to broadcast seven days a week, 24 hours a day; and even more so when in 2004 East Rand Stereo became one of the first community radio stations to receive a permanent four-year license. In easily 2009 East Rand Stereo received its new converted permanent class license under the new Electronic Communication Act, which replaced all previous broadcasting acts. East Rand Stereo has come a long way, moving from a small two-room broadcast studio to the current studios, boasting one main broadcasting studio, three production