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impact of kamala harris victory on south african financial markets
A Kamala Harris victory in the 2024 US presidential election could positively impact South African financial markets through strengthened trade relations, increased foreign direct investment, and a potential uplift in the Johannesburg Stock Exchange. A stronger rand may benefit import-reliant sectors while challenging exporters, particularly in coal. Additionally, lower interest rates could stimulate economic activity, enhancing investor sentiment and liquidity in local markets.