South Africa

South Africa: Political turbulence rocks rand as markets fear Ramaphosa’s recall

  • NEC to meet on Thursday night to discuss Ramaphosa's potential impeachment

  • Ramaphosa would not be asked to step aside as long as he is not charged to appear in a court of law

  • We think it is likely that the NEC would close ranks behind Ramaphosa

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Metodi Tzanov @ EmergingMarketWatch
December 1st, 2022
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