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SOUTH AFRICA: ANC Postpones Election Underperformance Audit

SOUTH AFRICA
EM BulletBulletEmerging Market News
  • The ANC have postponed their last National Executive Committee meeting of the year, that was set for this coming weekend. EWN write that purpose of the meeting was to address recent underperformance in voting across Guateng and KwaZulu-Natal – which reportedly the party are yet to address formally.
  • Preparations for the G20 presidency started in Johannesburg yesterday, with the agenda to focus on debt relief, climate aid and artificial intelligence.
  • In an effort to bolster South Africa’s status as a regional financial hub, a group of executives are drafting proposals to allow FX transactions across the bond and stock exchanges in the country. The efforts are part of the South African Financial Sector Competitiveness Taskforce.
  • Data due today includes SACCI business confidence, mining production stats and the manufacturing production release for October.
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  • The ANC have postponed their last National Executive Committee meeting of the year, that was set for this coming weekend. EWN write that purpose of the meeting was to address recent underperformance in voting across Guateng and KwaZulu-Natal – which reportedly the party are yet to address formally.
  • Preparations for the G20 presidency started in Johannesburg yesterday, with the agenda to focus on debt relief, climate aid and artificial intelligence.
  • In an effort to bolster South Africa’s status as a regional financial hub, a group of executives are drafting proposals to allow FX transactions across the bond and stock exchanges in the country. The efforts are part of the South African Financial Sector Competitiveness Taskforce.
  • Data due today includes SACCI business confidence, mining production stats and the manufacturing production release for October.