'It will get noisier and more complex.' Investors, analysts on Ramaphosa crisis | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Here’s what investors and analysts are saying about the possible resignation of president Cyril Ramaphosa. | News24_Business

after an advisory panel found the"cash-in-sofa" scandal that’s embroiling his administration may be grounds for his impeachment.

Investors awaiting answers have been selling South African assets amid fears that his potential departure may set back reforms aimed at bolstering economic growth, stabilising public finances and tackling graft. "The market is reacting negatively, but if Cyril Ramaphosa’s position is so compromised that he’s looking to resign, it shouldn’t be too bad for South African assets. The market dreads political instability and often prefers to go with the devil they know than the devil they don’t."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business The ANC now understands why it's called a rock and a hard place. How did they think it was going to end👀

_Business Rule of Law ThumaMinaMediaGroup

_Business

_Business Who cares what investors are saying!

_Business So he is above the law and constitution. They must respect our laws

_Business Whenever they say “Investors” they mean . “Here is what WHITES have to say”

_Business Fuseke

_Business They have said nothing about poverty engulfing the poor so far

_Business 'It will get noisier and more complex' investor's, analyst Is that what we call the rule of law these days? Noise & complexity ...? OK

_Business It so pain ful

_Business So then let's look at the list.. a possible replacement. (Part time) Do not concentrate on the name, but rather look at there credentials...cv...was that person a MP? What does there track record tells us? Is this person educated enough? Any corruption claims?

_Business That is not investors you talking about those are thieves real investors care about rule of law in that country they invested into. PROPAGANDA 24

_Business So they don't care about the rule of law?

_Business Fine then pay the 10.2mill back and you can help us in the corruption of Cop27 , states witness

_Business Thiefs

_Business

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines