Sean Peche on power of executive culture: Japan's corporate advantage, SA Govt's obvious deficiency

Leading global fund manager Sean Peche has a rational perspective on why the Rand has tanked in the past week - it lies primarily with the deficiency in the SA Government's executive culture, laid bare through the arms-to-Russia scandal. Peche explains that to use an investment analogy, the "share price" of a country is its currency; and "management" the political leadership. He contrasts the disastrous performance of South Africa's government (and hence the Rand) with the inherent potential of investing into Japanese corporates (and Tokyo-listed shares). He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices