Some investors are nervously eyeing whether the ANC and EFF together hit 66%

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- businessinsider.co.za | 5 months ago

President Cyril Ramaphosa casts his vote in Soweto, while EFF leader Julius Malema votes in Seshego, Polokwane.

Photos: Tebogo Letsie and Rosetta Msimango. The market is closely eyeing South Africa's election results, and investors speculate that the rand could rally if the ANC breaches the "mandate threshold" of 58%.

International investors may also be heartened if the ANC with the EFF don't reach a joint 66% support in Parliament, one portfolio manager says.

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