Today's news of some of 10 South African cabinet ministers resigning in support of Thabo Mbeki. Most disturbing is finance minister Trevor Manuel what is South Africa's economy heading for?
These are my predictions:
Expect the rand to loose ground against major curencies
Resource Counters will save face on JSE
Inflation set to spiral
Residential property crisis looms
Goverment spending continue to make construction shares move sideways.
Tourism set to boom especialy if rand continues to weaken
