IN SOUTH Africa, the rhythm of life can often feel the pulse of the political landscape, especially during election season.
While the excitement and debates around elections primarily focus on political ideologies and leadership qualities, the effects of election outcomes ripple far beyond the political sphere, significantly impacting personal finances. Understanding these impacts can help South Africans navigate the economic tides that follow an election, enabling them to make informed financial decisions.
Out of a total population of more than 62 million South Africa has a total registered number of voters of 27 672 264. These voters represent the rest of the population.
Policy shifts
Elections bring the potential for major shifts in economic policy. A new government can implement policies that alter taxation,