JOHANNESBURG, Nov 11 (Reuters) - South Africa's rand firmed against a weaker dollar in early trade on Wednesday, as the greenback was hurt by a spike in new coronavirus infections in the United States and logistical challenges over the mass roll-out of a potential vaccine. At 0615 GMT, the rand ZAR=D3 traded at 15.5700 against the U.S. dollar, 0.32% firmer than its Tuesday's close. Rand had slipped in the previous session on local political turmoil after South African police issued an arrest warrant on corruption charges for Ace Magashule, a top official of the governing African National Congress party. In fixed income, the yield on the government bond due in 2030 ZAR2030= was flat at 8.875%. (Reporting by Olivia Kumwenda-Mtambo; Editing by Rashmi Aich)((Olivia.Kumwenda@thomsonreuters.com; +27 10 346 1084;))The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source: Ethiopian News November 11, 2020 06:56 UTC