2024 Elections | SA election impact on economy with Tshepo Mongoai

The rand lost over 1% in morning trade amid a stronger US dollar, and local market jitters prompted by the likelihood of a coalition government. The weakness in the local currency has also been attributed to a sell-off on the Johannesburg Stock Exchange.
Most JSE stocks are trading in the red, with most indices down over 2% in early trade, as projections showed the governing ANC was set to lose its majority. Bank stocks posted the biggest losses.
SABC News economics editor, Tshepo Mongoai joins us.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.