South Africa’s election results have continued to trickle in, but the overriding message since the early hours of the count is that the ANC has fallen well short of a majority. A coalition with one of the larger opposition party now appears inevitable, introducing potentially more radical post-election coalition scenarios. Meanwhile the SARB is likely fretting about how electoral outcomes could affect it. Privately they are probably hoping for an ANC-DA tie up that would help to affirm and reinforce the institution’s inflation-fighting credentials. On the other hand, an ANC-EFF/MK scenario would bring clear challenges to its mandate and independence.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services