South Africa’s vote 2024: Global capital still flowing south?
Charlie Robertson, Head of Macro Strategy, FIM Partners UK Ltd joins CNBC Africa’s Godfrey Mutizwa for this discussion.
Wed, 29 May 2024 16:12:47 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Potential for a surprise election result and its impact on the market
- Expectations for economic growth and investment post-election
- Comparison of South Africa's economic peers over the years and future prospects
South Africa's 2024 election is drawing close attention from analysts and investors, with key considerations being the potential for surprises in the election results and the impact on the market. Charlie Robertson, Head of Macro Strategy at FIM Partners in the UK, shared his insights on the election and the country's economic prospects in a recent interview with CNBC Africa. Robertson highlighted the strong voter turnout and the possibility of a surprise election result that could shake up the market. He pointed out that while the base case is for little change, frustration over slow economic growth could lead to more extreme outcomes. Robertson mentioned the likelihood of the ANC forming a coalition with the IFP, but also raised the possibility of an EFF deal. His analysis diverges from some other experts, indicating a varied range of predictions and scenarios. Analyst Daniel Silk, for example, offered a cautiously optimistic view, predicting specific percentages for the major parties.
