Investors, financial analysts and policymakers are closely watching South Africa's political landscape to assess potential outcomes and their impact on economic policies, investor confidence and market dynamics.
The recent elections were the most fiercely contested yet with the ANC failing to secure a national majority.
The prospect of a coalition government adds risks to the implementation of coherent and effective policy reforms, which are crucial for the South African economy.
So, how do financial markets behave in the lead-up to significant events like elections that have the potential to increase political risk?
Head of fixed income at Prowess Investment Managers, Qhivi Tiva discussed this with eNCA.