By Danesh Ranchhod, CFA, Vice President, Executive Director, Franklin Templeton Emerging Markets Equity
South Africa's ruling African National Congress party maintained its power, winning the national elections this month. But can the country's leaders stamp out corruption, and spur more robust economic growth? Franklin Templeton Emerging Markets Equity's Danesh Ranchhod shares the team's view on the election and the implications for investors.
South Africa has just completed its 6th democratic national elections and saw a majority win of 57.5% by the ruling party, the African National Congress ((ANC)).
The result is considered a respectable