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Risk-On Of Sorts Supports Oil

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Resistance At The 50-Day EMA Remains Exposed

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  • ANC'S three-day Lekgotla NEC meeting ends with no clear direction on a vaccine timetable or funding details and very little said about Ace Magahsule.
  • Corruption was addressed briefly in a vow to deal with corrupt councillors, and improve supply-chain transparency but nothing material. - EWN.
  • However, background talks with ANC veterans have been taking place about Magashule, and while they cannot force him to step down, it would add weight to Ramaphosa's case if they supported Magashule stepping aside.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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