Ramaphosa re-election leads to easing of policy uncertainty

The North West University’s (NWU’s) Policy Uncertainty Index (PUI) dropped to 53,2 in the fourth quarter of 2022 following the re-election of Cyril Ramaphosa as the President of the African National Congress (ANC). NWU Economics Professor, Waldo Krugell, tells the OFM Business Hour, that the index stood at 59,6 in the third quarter of 2022 following persistent load shedding in the country. But has appeared to have eased in the fourth quarter albeit still being in negative territory.