South Africa Rides Wave of Investor Cash Before Pivotal Election

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Bloomberg Television

Joined: Mar 2024
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South Africa Rides Wave of Investor Cash Before Pivotal Election


South Africa will hold the most pivotal election in decades on May 29 and it is already turning the tide of the country’s financial markets. Money has been pouring into the country on a bet that the African National Congress will win enough of the vote to avoid being forced by left-leaning coalition partners to implement less market-friendly…

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8 Comments

  1. I can just imagine the wide spread corruption do you think the Greedy Anc is not going to help themselves.Go bsck to the Covid 19 period the Anc stole millions of that money did you know the Anc is funding Hamas thats why they keep loosing there case against Israel they just recently lost again.😯🫢👍👍💯

  2. Whether money comes in or not… The people shall get what they voted for… If they want land, they shall get it with and use it the way they want, the country is where it is because of the people not because we are beggars of investors, also you do not beg investors, they are not doing us a favour, they come where they think they can make profits, so if they "run away", that is also fine, that just means we are not a profitable country we need to work on ourselves by not only catering to international investors but more importantly, local ones.. I do hope the ANC get less than 40% so that they do not swallow up the smaller parties and bully them into voting for them like this did I COSATU.