Matthew Winkler: Rand strength shows SA’s GNU means business

In an unexpected twist, South Africa's rand has retained significant value against the US dollar, coinciding with the country's first ruling coalition since Nelson Mandela's era. With the African National Congress losing its parliamentary majority, President Cyril Ramaphosa is poised to implement pro-business reforms, signaling a potential economic turnaround. Investor confidence grows as GDP forecasts rise, despite lingering concerns over crime and infrastructure.

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By Matthew A. Winkler

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