Financial Digest

Post-election wrangling leaves investors in limbo

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Post-Election Wrangling News

Cyril Ramaphosa,Election,Investors

Investors are bracing for further upheaval in South Africa’s financial markets in the wake of last week’s elections.

further upheaval in South Africa’s financial markets in the wake of last week’s elections that produced no outright winner, with the outcome of ongoing coalition talks remaining highly uncertain.

“Investors should be very worried because South Africa is at a fork in the road. Almost any coalition is possible All the main parties have said they are open to a deal, although Zuma’s MKP has made any partnership with the ANC contingent on it ousting President Cyril Ramaphosa — a condition ANC secretary-general Fikile Mbalula said it will never accept.

 

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