After reaching an intraday record high, the JSE pared gains on Wednesday but remained at its best level since August as investors welcomed the inauguration of President Cyril Ramaphosa.

Ramaphosa was sworn in as the head of state earlier in the day after being voted in as president-elect by the National Assembly on Friday with the help of minority parties, including the DA, Patriotic Alliance (PA), IFP and GOOD, which make up the government of national unity (GNU)...

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