Strong ANC win would boost SA asset prices - Goldman Sachs SAElections2019 | Fin24
"We need to get out of this election a strong mandate for structural reforms," Coleman said in an interview on Bloomberg Television on Wednesday.Support of 60% would give Ramaphosa the"political space to implement his modernisation agenda, including trying to effectively get the state-owned enterprises and a raft of economic reforms firmly in place."
With South Africans scheduled to vote on May 8, opinion polls are suggesting the ruling ANC will win enough votes to remain in power. The margin of victory, however, is key to determining if Ramaphosa is able to deliver on pledges to revive flagging economic growth, bring rampant corruption under control and address a 27% unemployment rate.
Were the ANC to reach the 60% mark,"then the market will be very bullish," Coleman said. Anything below that level would limit Ramaphosa’s ability to make the changes he wants, he said.
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