Ramaphosa’s Political Peril Earns Shrug from Investors for Now
South Africa’s rand is shrugging off the threat that President Cyril Ramaphosa may be impeached, reflecting a bet that economic reforms he has championed will endure if he falls.
By Mpho Hlakudi · Bloomberg Markets
South Africa’s rand is shrugging off the threat that President Cyril Ramaphosa may be impeached, reflecting a bet that economic reforms he has championed will endure if he falls.