Cyril Ramaphosa said to have lost support of business

📆 20/5/2023 5:28 am
📰 BDliveSA

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

‘Ramaphosa is not considered a positive leader by financial markets,’ BCA Research strategist Matt Gertken says

President Cyril Ramaphosa has lost the confidence of a key constituency.

Five years after ushering in a wave of business optimism that he’d revive an economy hobbled by industrial-scale corruption under his predecessor, executives are running out of patience with the leader. Economic stagnation spawned by record daily power outages, rampant crime, disintegrating infrastructure and foreign policy missteps is leading investors to the exits, with the rand fast-approaching a record low of 20 per dollar...

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:

Write Comment

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business has lost confidence in Cyril Ramaphosa - TechCentralSouth African business executives are running out of patience with the 70-year-old leader following a string of own goals.
Source: TechCentral - 🏆 8. / 71 Read more »