Economics

Ramaphosa on Economic Reform Roll Bolsters South African Markets

  • State sells stake in national airline, tackles energy crunch
  • Currency, stock markets rally after raft of positive news

Cyril Ramaphosa

Photographer: Waldo Swiegers/Bloomberg
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South African President Cyril Ramaphosa is finally making good on a long-standing pledge to enact policy reforms, signaling the tide may be turning for the coronavirus-battered economy.