South Africa Election 2024 to Test Mandela's Legacy

South Africa prepares for its most important elections since the ANC took power in 1994. Markets are on edge, weighing the potential of a major shift in power dynamics, but coalition building could help ease concerns and settle the rand, which has been the worst performing major currency since Cyril Ramaphosa became president. Bloomberg looks ahead to the May 29th election with political commentator and Bloomberg Opinion columnist Justice Malala, and Citi Managing Director and South Africa Economist, Gina Schoeman. 00:20 - Welcome and South Africa's Elections by the Numbers 02:30 - Bloomberg Sets the Scene for Politics and Markets: Ntando Thukwana talks politics of Johannesburg John Viljoen talks markets from Cape Town 10:15 - uMkhonto weSizwe Says Ramaphosa Was 'Bought' 10:45 -Ramaphosa Re-Election Bid to Test Mandela's Legacy 13:00 - Justice Malala: South Africa's 2029 election will move ANC from the center of power 22:00 - Citi's Gina Schoeman: Coalition talks help temper rand risk premium. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts