Is Zuma good for the business?
Dec. 6th, 2007 08:45 pmLula or Chavez? Investors assess South Africa's Zuma
http://www.reuters.com/article/reutersEdge/idUSL0624811220071206
Investors nervous over the possibility of a populist left-leaning president in South Africa are hoping Jacob Zuma will turn out like Brazil's Lula rather than Venezuela's Chavez.
Zuma, a survivor of scandals that would have buried most politicians, is favorite to win party elections this month, largely because of grassroots support from trade unions and members of South Africa's poor black underclass.
http://www.reuters.com/article/reutersEdge/idUSL0624811220071206
Investors nervous over the possibility of a populist left-leaning president in South Africa are hoping Jacob Zuma will turn out like Brazil's Lula rather than Venezuela's Chavez.
Zuma, a survivor of scandals that would have buried most politicians, is favorite to win party elections this month, largely because of grassroots support from trade unions and members of South Africa's poor black underclass.
( Article )