Reported 5 months ago
South Africa faces economic risks as it heads towards an election that could jeopardize the recent economic progress under President Cyril Ramaphosa. The African National Congress (ANC) is at risk of losing its national majority due to issues like corruption, but investors hope for policy continuity to maintain positive economic growth. Various election outcomes could impact the economy differently, as the ANC may either retain a majority vote, form partnerships with different parties, or face challenges with potential coalition shifts affecting investor confidence and economic stability.
Source: YAHOO