Head of capital markets Peter Attard Montalto joins 702‘s the Money show, with Bruce Whitfield, to discuss the future of the ANC and why the status quo need to change.

“So, at the start of the year the markets were looking for a reformist top 6 or a reformist MEC. That is not going to happen. There is no indication of that from the people that are running – from the composition of the MEC nominations. I think we’re largely going to see status quo in terms of an MEC that is not particularly policy wonkish, can’t take those long-term policy trade-offs. We’re going to see Ramaphosa re-elected but battling a more mixed top 6 and a more mixed MEC as well.”

Listen to the clip below.