South Africa’s general election on 29th May is likely to be the most consequential for its economy and financial markets since the end of Apartheid. With the ANC set to lose its majority, how should investors be preparing for the approach of coalition government in South Africa? And is there any hope for a pick-up in economic growth or an end to the rise in government debt?
Our Emerging Markets team held this special election preview, during which the team answered client questions and addressed key issues, including:
- What different post-election coalitions would mean for economic policy;
- Whether the election will affect the Reserve Bank’s approach to policy;
- And how the rand is likely to move around the vote.
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