Flash Briefing: 2021 Local Elections to usher in coalitions; coalition politics; Eskom corruption still rife - de Ruyter

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News headlines:
*With 97% of the ballots counted, the Democratic Alliance and ActionSA, together with support of natural allies, appear to have won sufficient votes to take control of Johannesburg and Tshwane, SA’s commercial heartland and its capital city.
*With attention now on political parties forming coalitions, the ANC has said it is willing to work with any political party to form a stable government in the 52 municipalities with no outright majority.
*Eskom CEO André de Ruyter has admitted that corruption is still rife at the power utility and that patronage networks still exist, saying it is clear that the networks created during the state capture years are still active. Learn more about your ad choices. Visit megaphone.fm/adchoices
4 Nov 2021 7AM English South Africa Investing · Business News

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