Picture: THINKSTOCK
Picture: THINKSTOCK

President Cyril Ramaphosa’s announcement that the ANC will amend the Constitution to allow for land expropriation without compensation upset local markets, even though this was nothing new.

The rand took a knock after the late-night announcement, but was able to recoup some of its losses.

Standard Chartered economist Razia Khan spoke to Business Day TV about the implications of the announcement for markets.

Standard Chartered economist Razia Khan talks to Business Day TV about the implications of the announcement for markets

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