All nine banking companies which the Competition Commission seeks to join in a complaint about allegedly manipulating the rand-dollar exchange rate have refused to be joined in the case. Stock photo. (123RF/PHONGPHAN SUPPHAKANKAMJON) South Africa’s major banks have been cleared in the long-running rand manipulation case. Business Day TV spoke to Redge Nkosi, executive director at Firstsource Money, about what the Constitutional Court’s ruling means for the markets, the rand and the Competition Commission’s case against the remaining multinational banks.