A wave of positivity is sweeping over SA's financial markets less than a week before the country's most pivotal election since 1994, with analysts saying that Jacob Zuma's MK party may be behind it.
Stanlib chief economic Kevin Lings says the mood shift among investors can be traced back to an Ipsos poll in late April, which showed support for the ANC had fallen to just over 40%. However, what pleased investors most in that poll was seeing the EFF's support whittled down to just 11.5%, down from 19.6% in October, reducing fears of a possible coalition between the radical left ANC breakaway and its former parent.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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