Government of National Unity (GNU) ……. The Effect on South Africa’s Financial Markets

A GNU that works should be positive for the SA economy, attracting more inflows of foreign and local investment as GNU policies are clarified.

Overall, a more certain future where the balance of power does not rest exclusively with one party should boost JSE listed shares and see the Rand strengthen. In June the Rand strengthened 3.12% against the USD.

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Source: Anchor Capital, Fund Analytics.