Fitch raises red flags over ANC coalition with MK party, EFF

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Economic Freedom Fighters leader, Julius Malema. (Photo by Philip Maeta/Gallo Images via Getty Images)

Ratings agency Fitch has warned that a decision by the ANC to get into bed with either Jacob Zuma’s uMkhonto weSizwe (MK) party or the Economic Freedom Fighters (EFF) could jeopardise macroeconomic stability.

As political parties weigh their coalition options after the ANC’s sharp decline in the polls last week, Fitch has flagged that a pact with the MK Party or the EFF could pose additional risks to South Africa’s debt trajectory. 

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