In the absence of a credible opposition party to challenge the ANC, perhaps the IMF is best placed to help the party, writes Ayabulela Dlakavu.
Global stock markets have softened as investors avoided risk on the eve of a speech by Federal Reserve head Jerome Powell, hotly anticipated for clues on the interest rate outlook.
The local bourse has retreated on the back of broad-based losses across all the major local indices.
European stock markets have rebounded as dealers shrugged off tense political turmoil in Italy.
Equities have stuttered in Asia as investors took a step back after recent gains, with focus now turning to a key speech by Federal Reserve boss Jerome Powell at the end of the week.
Most Asian markets have risen on the back of hopes for central bank and government stimulus measures around the world, while investors were also cheered by further signs of easing tensions in the China-US trade war.
The JSE has gotten off to a firmer start this week as it tracked other global stocks higher, after the US signalled progress in the trade talks with China.
Stock markets have rallied after US President Donald Trump's top economic adviser hailed "positive" trade talks with Chinese negotiators.
London's FTSE 100 shares index have rebounded when it finally opened on Friday after a delay caused by an unspecified trading issue.
Eurozone stock markets have recovered at the start of trading, but the opening of London's benchmark FTSE 100 index was delayed owing to a "trading" issue according to its operator.
Wall Street stocks have opened higher following mixed US economic data, bouncing modestly after the Dow suffered its worst session of the year.
Wall Street stocks have tripped into the red as worries about global growth resurfaced following lacklustre US and European data.
The JSE has advanced primarily on the back of solid gains on the financials index which were bolstered by the firmer rand.
Hong Kong shares have closed higher, having swung back and forth through the day, with traders turning their focus to an upcoming speech by Federal Reserve chief Jerome Powell later in the week.
The JSE has closed softer as a broad-based selloff saw most global equity markets retreat on Tuesday.
European stock markets have steadied at the open after recent volatility, with London slightly higher and eurozone indices edging lower.
The steadying of the US Treasury market and talk of economic stimulus in Germany and China helped lift Wall Street stocks on Monday.
The main investor concern is whether it can outlive the many legal claims coming its way.
Asian markets were jittery Friday as a modest rebound in US equities failed to ease fears over the US-China trade war and its impact on the world economy.
Tokyo stocks have closed slightly higher, supported by gains of Chinese shares, but trade was sluggish with investors in a wait-and-see mode ahead of the weekend.
Stock markets and the dollar have slid after Wall Street suffered its worst showing this year, as mounting fears of a possible global recession saw investors flee equities for havens such as bonds, the yen and gold.
Cape TownTracking Talent
Cape TownAmazon Development Centre SA (Pty) Ltd
Somerset WestFinovate PeopleR9 500.00 Per Month Per Month
R 2 495 000
R 4 750 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.