Business as usual on local markets

By Staff Writer
Business as usual on local markets

By Mariam Isa
From Business Day

SA's unfolding political drama is unlikely to rattle local markets this week for a few reasons.
First, President Thabo Mbkei's early departure was handled swiftly and decisively, without visible public acrimony.
Second, Finance Trevor Manuel has said he will not resign, nor have there been any calls for him to do so, which means there is no case for speculating on imminent shifts to economic policy.


Justmoney.co.za says:

The market is taking the Presidents resignation with ease, maybe because something like this was expected. However it still means that you should protect your assets, get a new savings account, plan for your retirement, and have a plan. Let us hope that ex-President Mbeki has all three.

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