NEW: SA bank stocks regain billions lost when Zuma fired Nene

South Africa’s banks index rose in Johannesburg to levels not seen since before President Jacob Zuma unexpectedly fired Finance Minister Nhlanhla Nene in December, causing lenders including FirstRand and the local unit of Barclays to plummet by records.

The seven-member FTSE/JSE Africa Banks Index climbed as much as 4.2% on Thursday in the city to its highest since December 4.

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