Key issues for investors in South Africa’s 2024 election

“The market is watching very closely to see the degree to which the ANC … [is] forced to engage in coalitions with what are perceived to be extremely left-wing parties such as the MK (uMkhonto we Sizwe party) and EFF,” said Yvette Babb, a portfolio manager at US asset manager William Blair Investment Management.“The greyer zone of between 45%-50%, whereby they [ANC] may need to form a coalition with smaller parties that are more centrist, is not deemed to be a bad thing … perhaps that introduces more checks and balances into the governance process.”HOW WILL MARKETS…