Unease in global markets ahead of elections
JOHANNESBURG - As South Africa prepares to vote next week, foreign investors are adopting a cautious stance.
The country heads into the most significant elections in 30-years, sparking concerns about the potential outcome.
There are fears that a market-unfriendly coalition government could emerge, if the ANC suffers a reduced majority.
But why are the markets jittery about this democratic process? Why the unease?
Investment Strategist at Investec Chris Holdsworth discussed this with eNCA.