If ANC support falls below 60% in the elections — a distinct - TopicsExpress



          

If ANC support falls below 60% in the elections — a distinct possibility according to political analysts — South Africa faces a risk from the possible introduction of populist measures to claw back support. The ANC might be tempted to pursue fiscally expansive policies by raising social grants or boosting public sector wages. "Under this scenario, South Africa would be at risk of losing its investment grade on a two-year horizon," the Merrill Lynch group said.
Posted on: Thu, 05 Sep 2013 07:33:32 +0000

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