South African President Zuma Survives No-Confidence Vote

The transcript discusses the defeat of a no confidence vote against Jacob Zuma in the South African National Assembly. This political event led to fluctuations in the South African Rand, which initially strengthened but then weakened by over 1% against the Dollar. The transcript also speculates on the future of Zuma and the ANC leadership, noting that Zuma has survived multiple no confidence votes before.

What was the outcome of the no confidence vote against Jacob Zuma?

• The vote was postponed.

• He survived the vote.

• The vote was inconclusive.

• He was removed from office.

How did the South African Rand react to the no confidence vote?

• It remained stable.

• It strengthened by 1%.

• It weakened by more than 1%.

• It strengthened significantly.

What was the initial market expectation regarding the no confidence vote?

• The vote would not affect the market.

• Zuma would be defeated.

• The vote would be postponed.

• Zuma would resign voluntarily.

What does the weakening of the Rand indicate about market sentiment?

• Confidence in Zuma's leadership.

• Uncertainty about the political future.

• Stability in the government.

• Improvement in economic conditions.

What is the immediate consequence of the vote's outcome for the government?

• The government will dissolve.

• The government continues as is.

• The government will change leadership.

• The government will call for new elections.