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World Zuma’s Exit Spurs Surge in South African Stocks as Banks Rally – Bloomberg

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South African stocks gained the most since June 2016 after President Jacob Zuma resigned in a late-night address to the nation. Banks rallied to a record amid optimism his likely successor, Cyril Ramaphosa, will improve management of the economy.

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Read more via Bloomberg – http://ift.tt/2EqYy2H

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