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Instability Will Be Our GNU Reality
Instability Will Be Our GNU Reality
Foord Unit Trusts
Q3 of 2024 | 7 months ago
As the dust settles on South Africa’s national elections, we can all heave a sigh of relief. With the formation of a clunky Government of National Unity (GNU) that excludes the two most radical parties, South Africa has again walked back from the abyss. Markets nervously cheered the result. Portfolio manager Nancy Hossack discusses the election outcome and what South African investors might expect from the GNU government in the years ahead.