December 27, 2024 07:48 GMT
SOUTH AFRICA: Mozambique Protests Spark Concerns
SOUTH AFRICA
- Local media flagged concerns over the security situation in neighbouring Mozambique, where disputed election results triggered protests and riots, leaving more than 250 people dead. A fresh wave of protests broke out as the country's top court confirmed on Monday that Daniel Chapo of the Frelimo party was re-elected with 65% of the vote.
- News24 reported that analysts are sceptical about the prospect of South Africa exiting the Financial Action Task Force's (FATF's) grey list in June 2025, but October seems to be more a more likely timing if everything goes to plan.
- The next data release of note is November budget balance, due December 30.
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