I am not worried about the ANC and mine nationalisation.
Ever since coming into government the ANC have seemed very pragmatic in the face of huge difficulties(especially high unemployment and crime).
They have to maintain a left wing face in order to appeal to the mass of uneducated and unemployed followers but I think that they fully understand that the free market working properly is the only way to solve the countries problems.
There are certainly many hot heds like Malema, but at the moment the mainstream keeps them in check. I follow the SA press daily and will post if there is any event which I consider as changing the risk.
Lets agree to disagree on the debt!
BR Max
NKP Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held
