Johannesburg Stock Exchange CEO Sees 'Hard Decisions' for South Africa

The video discusses the positive response of South Africa's stock exchange to political clarity regarding leadership succession. It highlights the challenges faced by Cyril Ramaphosa as the new president and the importance of adopting business-friendly policies. The discussion emphasizes the need for clear decisions on fiscal discipline, state-owned enterprises, and growth policies to boost investor confidence and drive inclusive growth.

What was the reaction of the South African stock exchange to the leadership succession news?

• It was closed for the day.

• It responded positively.

• It remained unchanged.

• It declined significantly.

What is one of the main challenges Cyril Ramaphosa faces as the new president?

• Increasing the Rand's value.

• Improving fiscal discipline and growth.

• Reducing the number of trades.

• Decreasing market activity.

What is crucial for building investor confidence in South Africa?

• Reducing government spending.

• Clarity and hard decisions on economic policies.

• Decreasing the Rand's value.

• Increasing the number of state-owned enterprises.

What kind of policies is Cyril Ramaphosa expected to adopt?

• Isolationist policies.

• Strict immigration policies.

• Protectionist trade policies.

• Business-friendly policies.

Which sector is mentioned as having a competitive advantage for growth in South Africa?

• Manufacturing

• Agriculture

• Financial services

• Tourism