A street vendor sells regalia depicting South African President Cyril Ramaphosa outside the venue for the ANC 107th anniversary celebrations at the Moses Mabhida Stadium in Durban on January 12, 2019. Picture: RAJESH JANTILAL / AFP
A decisive victory would empower Ramaphosa’s pro-business agenda, including releasing spectrum to the telecommunications sector, said Warwick Bam, head of research at Avior Capital Markets in Cape Town. A less-restrictive visa policy for visitors would spur tourism earnings, while clearer policy on the thorny land expropriation question would improve investment in agricultural production.
Investors are showing few signs of anxiety as next week’s poll approaches. SA stocks have made their best start to a year since 2007, advancing 11% as of the end of April, almost in line with the 12% gain by emerging-market peers. The benchmark index advanced 0.8% as of 11am in Johannesburg on Friday, the most in more than two weeks.
Bullshit .
Imagine a world where stocks improve after a Communist party was elected. Above ronellepretor robinenochs concaracal willempet ampersuk whatonearthsa vfplus
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