SA’s policy uncertainty weighing down on investors & markets
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Prof Raymond Parsons - Economist and professor at the NWU School of Business
The uncertainty around South Africa’s 2024 elections has started to weigh down on investors and markets, with
the North West University’s Business School Policy Uncertainty Index (PUI) for South Africa edging further into negative territory for the first quarter of the current year.
Opinion polls and analysts say the governing ANC will require a coalition to retain its mandate, although
Standard Bank analysts say President Cyril Ramaphosa’s party will garner sufficient votes to avoid a coalition.
Nonetheless, the South African environment ahead of the elections has started to weigh on investors and markets,
notes the North West University’s PUI released yesterday. Its PUI index for South Africa for the first quarter accelerated further into negative territory, worsening from 65.5 to 65.8.
Prof Raymond Parsons - Economist and professor at the NWU School of Business
The uncertainty around South Africa’s 2024 elections has started to weigh down on investors and markets, with
the North West University’s Business School Policy Uncertainty Index (PUI) for South Africa edging further into negative territory for the first quarter of the current year.
Opinion polls and analysts say the governing ANC will require a coalition to retain its mandate, although
Standard Bank analysts say President Cyril Ramaphosa’s party will garner sufficient votes to avoid a coalition.
Nonetheless, the South African environment ahead of the elections has started to weigh on investors and markets,
notes the North West University’s PUI released yesterday. Its PUI index for South Africa for the first quarter accelerated further into negative territory, worsening from 65.5 to 65.8.