Bonds gain after Court says secret ballot is permissible but not compulsory
22 June 2017 - 12:23
South African bonds retained their firmer bias shortly before midday on Thursday, after the Constitutional Court ruled that use of a secret ballot in a vote of no-confidence against President Jacob Zuma was permissible, but not compulsory. TreasuryOne analysts said this effectively put to rest speculation of an early exit for President Jacob Zuma, but the rand remained buoyed by higher commodity prices and interest in emerging-market bonds.
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