Monday/ it’s Cyril

Top: The South African Rand’s exchange rate experienced a ‘Ramaphosa bump’ in the last week or two. The Rand strengthened to R12.56 to the dollar, but slipped to R12.78 early on Tuesday morning. Bottom: Top Six refers to the leadership of the ANC. Some analysts say Ramaphosa has his work cut out for him with some surprising and questionable candidates that got elected to the Top Six.

Early Monday evening, the results were in: Cyril Ramaphosa won the vote for ANC President, with 2440 votes to 2261.  Hopefully this is a sign that the disastrous Zuma presidency and legacy will be coming to an end.

There was TV coverage all day, but none of the exhaustive and detailed analysis that come with elections on TV in the United States.

 

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