Plexus Wealth Watch – August 2016
PLEXUS WEALTH POST- ELECTION ANALYSIS prepared exclusively for Plexus Wealth clients by author and political commentator Justice Malala
A New, Positive Yet Fractious, Era In SA Politics
INTRODUCTION AND HEADLINE VIEW
It’s not quite a clean sweep, but it’s the closest thing to one we have seen in the new South Africa. The Democratic Alliance now holds power in the administrative capital of SA, Tshwane; in the economic capital, Johannesburg; in the parliamentary capital, Cape Town, and in other key urban hubs such as Nelson Mandela Bay in the Eastern Cape and in Mogale City in Gauteng. The mighty ANC, after just 22 years in power, is now a rural party, led by a traditionalist chauvinist, while its support among the educated black and white elite ebbs away.