Mbeki to resign, no plan, watch the JSE Monday

Mbeki has responded with the ANC’s request to resign by agreeing. No word as to who will become president in the meantime. Plenty of contitutional issues to address, and from some reports it seems that neither Mbeki nor the ANC fully understand them.

No plan, no idea for succession, global markets in turmoil with risk appetite lower than at many points in the past. Guessing Monday will be a interesting day for the JSE.