According to Dwaine van Vuuren, a financial analyst, foreigners are getting rid of shares on the Johannesburg Stock Exchange and on government bonds on a large scale.
Figures show that more than R450 billion has been withdrawn from the country since September 2013.
Even after Ramaphosa’s takeover as ruler, a sharp outflow occurred while the ANC government announced it full of bravado that money was flowing to the country.
A political analyst from Pretoria says it seems as if another lie has reached voters shortly before the election.
Photo: Dwaine van Vuuren
Read the original article in Afrikaans on Die Vryburger
South Africa Today – South Africa News