ANC 2017 Elective Conference

Cannot assume ANC president will influence SA's economic policies - accountant

Market analysts should not assume that the victor in the ANC's presidential race will have a massive influence on South Africa's economic architecture and policies.

This is according to accountant and social activist Khaya Sithole, who says the ANC president is not guaranteed to be president of the country come 2019 general elections.

The reality is that whoever wins today is not the president of the country. They are a president of a political party that is not even guaranteed an election victory in 2019.

Khaya Sithole, chartered accountant

The general sentiment out there is that the markets would prefer a particular candidate to emerge and if the alternative candidates emerges there might be some sort of bloodbath. That's what we're hearing.

Khaya Sithole, chartered accountant

Click here for more coverage from the 2017 ANC Elective Conference.

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This article first appeared on 702 : Cannot assume ANC president will influence SA's economic policies - accountant


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