President Ramaphosa’s re-election brings continuity, stability, policy certainty - Mteto Nyati

The ruling ANC has elected its top 7 officials, with President Cyril Ramaphosa being given the top position again with a bigger margin than he had achieved in 2017. His appointment has been welcomed by financial markets with the local currency strengthening against the dollar, pound and euro. Mteto Nyati, who is currently the CEO of BSG, a business and technology consulting company told BizNews he welcomed the continuity, stability and policy certainty that the re-election of President Ramaphosa is brought about. A change at presidential level within the ANC, he said, could have have destabilised the efforts that have kind of being driven to turn around or recover Eskom. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices