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EFF Signals Readiness To Cooperate With MK Party

SOUTH AFRICA
  • Economic Freedom Fighters (EFF) leader Julius Malema said that his party "have no problem with [former] President [Jacob] Zuma" and his MK Party. He added that the EFF and the MK Party are ready to meet after the May 29 general election to discuss formal cooperation.
  • Local assets were unfazed by fresh CPI data yesterday, as inflation eased slightly but not enough to push the SARB closer to cutting interest rates. Headline inflation was +5.3% Y/Y in March, still above the +4.5% target mid-point.
  • South Africa hosts the inaugural BRICS Simulation Conference, with over 200 delegates set to discuss the topic of the "Impact of BRICS on Industries and Shaping Monetary Policies"

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