Understand the Rand's Love for White-Led Parties

There has been much discussion about the rand’s position regarding South Africa’s racial and cultural identity. This follows the ZAR's decline after the DA's threats to leave President Ramaphosa's Government of National Unity. This explainer will address why the rand tends to favour white-led parties like the DA and VF+ but weakens at the prospect of radical parties.
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Here are the readings for today’s video:
- DA threatened exit could collapse GNU after ANC reneges on proposal [businesstech.c...]
- Ramaphosa tells Steenhuisen ANC will not accede to DA’s demands [www.businessli...]
- Ramaphosa leaked letter to DA’s Steenhuisen window to decision-making ahead of Cabinet reveal [www.ewn.co.za/...]
- Opinion: Market reactions to GNU stalemate are amplified. Leaders must still get their act together by Khaya Sithole [www.news24.com...]