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Ramaphosa Engages with Political Leaders as Violence Continues

SOUTH AFRICA
  • Rioting and looting appears to be ongoing in Durban and Gauteng
  • The taxi association, in conjunction with local volunteers, has joined police lines in Gauteng in defending malls, and in many cases using live ammunition.
  • SANDF has been on the ground in Gauteng and KZN, but has not managed to get the situation under control with many areas still reporting looting activity
  • Ramaphosa conducted meeting with opposition party leaders this morning. DA's Steenhuisen called for more troops with only 2,500 of the 70,000 available deployed.
  • Source close to the meeting between political parties and Ramaphosa says the announcement of a state of emergency was ruled out today and deemed not "ideal" by other political party leaders
  • Some members of the meeting said Zuma should be released, while Ramaphosa said this was impossible
  • Economists conveying major concerns about food, water, power and fuel insecurity with ports and roads being shut down due to the violence and some shaving as much as 0.4% off 2021 GDP as a result
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

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