At the end of May, South Africans went to the polls to vote for the country’s seventh democratic government. In many ways, the outcome of that process was both expected and unexpected. After a decade of negligible economic growth, widening income inequality and higher unemployment, the African National Congress (ANC) lost the country’s majority vote for the first time. While that may be unsurprising in isolation, the fact that an ANC and Democratic Alliance (DA) led Government of National Unity (GNU) has been formed has been a positive surprise for many investors… to view the full article, please click here.
