# SA has until 2019 elections to cash-in on global windfall – Citi - Moneyweb

> Citi's head of emerging markets said President Ramaphosa must move quickly on economic reforms to capitalize on a weak dollar and Chinese growth before the 2019 elections. Bonds, stocks and the rand had climbed to record highs in the so-called Ramaphosa rally. Citi argued that reform implementation is needed to turn optimism into long-term investment.

- Date: 2018-02-20 · published 2018-02-20T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/66788-sa-has-until-2019-elections-to-cash-in-on-global-windfall-citi-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Investor sentiment toward South Africa drives the rand, which affects the local cost of imported feed inputs. The story has no direct bearing on global feed commodity prices.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/economy/sa-has-until-2019-elections-to-cash-in-on-global-windfall-citi/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.