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Power Shift

03 Jul, 2024

Investments

Kyle Hulett, Marius Kuyler

Explore the economic ramifications of the significant ANC-DA coalition and global election dynamics. Stay informed with the latest Sygnia FANG.AI Equity Fund updates!

Our latest webinar unpacks the economic impact of the landmark ANC-DA coalition and updates our view on South African assets. On 30 June, Ramaphosa succeeded in holding the Government of National Unity (GNU) together and announced his new cabinet. To accommodate all 11 GNU parties, the executive has grown to an enormous 32 cabinet members and 43 deputy ministers. President Cyril Ramaphosa asserts, “Democracy lives in the hearts of our people and will never be dislodged.” Moreover, South Africa might be on the brink of a renaissance with increased private sector influence in electricity, ports, rail, and retirement funds sectors.

We also examine election surprises: Mexico's market reaction to Claudia Sheinbaum's victory, India's $386 billion stock market wipeout following Narendra Modi's unexpected election results, and the political upheavals in the UK and France. Additionally, we discuss the Fed's high interest rate outlook and provide an update on the Sygnia FANG.AI Equity Fund. Join Kyle Hulett, Co-Head of Investments at Sygnia, and Marius Kuyler, investment consultant, for expert insights and the latest investment trends.

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