'The ideal outcome will be market-friendly policies.' - Economist.As South Africans rally to cross their X’s next to their chosen candidates in the upcoming elections, economic uncertainty fills the boardrooms of major corporations.In the meantime, winds of change are blowing in the South African political landscape, and there’s no way to tell where the chips will fall once the dust has settled.
“The private sector is on wait-and-see mode. They are simply waiting to see what’s going to happen in the election before they commit more investments to the economy.” The economist also emphasised the importance of a competent government post-elections, explaining that would boost economic growth. Political analysts have repeatedly highlighted the ruling party’s declining popularity in recent years, amid a government marked by corruption, state capture and failing infrastructure.