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Brief note intended as a more regular interface with our clients. The emphasis is to provide our interpretation of important economic events, such as South African Reserve Bank interest rate statements, and key data releases, including GDP growth figures.
The Constitutional Court has ruled Parliament’s decision to block an impeachment inquiry into the Phala Phala report unconstitutional, reviving scrutiny over President Cyril Ramaphosa’s handling of the scandal. The judgement strengthens constitutional accountability but places Ramaphosa and the ANC under renewed political pressure.
