HOW WILL MARKETS REACT?

Post-election coalition discussions between the ANC and the EFF or the recently-formed MK, led by former President Jacob Zuma, would lead to a “kneejerk” sell-off of South African assets, said Mpho Molopyane, chief economist at South African investment and insurance company Alexforbes.

“The concern is that… we could see government turning more populist, increasing social spending, implementing policies that are anti-business, the reform agenda slowing down,” she said.