Zuma Survives Bid by Top Party Officials to Oust Him

Zuma Survives Bid by Top Party Officials to Oust Him

Assessment

Interactive Video

Business, Social Studies, Religious Studies, Other

University

Hard

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The African National Congress (ANC) held a press conference to discuss their decision not to oust President Jacob Zuma, highlighting internal party tensions. The Rand experienced fluctuations due to political instability and potential downgrades by ratings agencies like S&P, Fitch, and Moody's. The political turmoil is a significant concern for South Africa's economic stability, with potential impacts on the country's credit rating. Analysts predict continued volatility in the currency market, influenced by inflation and investor sentiment.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main topic of discussion at the ANC press conference?

The election of a new president

The decision to oust President Jacob Zuma

Tourism development strategies

Economic policies of the ANC

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which rating agencies were mentioned in relation to South Africa's economic assessment?

Standard & Poor's and Fitch

All of the above

Fitch and Moody's

Moody's and Standard & Poor's

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the impact of political turmoil on South Africa's economic outlook?

It had no impact on the economy

It led to a stable economic environment

It caused concerns about a potential downgrade

It improved investor confidence

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the inflation rate mentioned in the context of South Africa's currency outlook?

5.2%

6.3%

7.1%

4.8%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a contributing factor to the Rand's recent rally and decline?

Political instability

Strong economic growth

Investor confidence

Stable political environment