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Property developers uncertain about coalition rule prospect

Investors ‘terrified’ of EFF involvement in governing the country

28 May 2024 – 21:36

Property stakeholders expressed concern in a discussion about what post-election scenarios — including an ANC-EFF coalition government — could do to the market. Many investors are worried about the implications of the Economic Freedom Fighters (EFF) gaining power in governing the country.

Investors are on edge as the possibility of an ANC-EFF coalition government looms after the elections. Property stakeholders are particularly concerned about the potential impact on the market. The Economic Freedom Fighters (EFF) have been known for their radical policies, prompting fear among investors who are unsure of what changes they may introduce.

As discussions continue about the future political landscape, the uncertainty is causing anxiety within the investment community. The EFF’s involvement in governing the country is viewed with trepidation, leading many investors to feel ‘terrified’ about the potential outcomes. Stay tuned as the post-election developments unfold and the market reacts to the changing political environment.\



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