Malema's suspension applauded by commentators and markets

South Africa's ruling ANC kicked out its firebrand Youth League leader, Julius Malema, from the party for five years on Thursday after finding him guilty of dividing and bringing the 99-year-old liberation movement into disrepute. The decision to send him into the political wilderness dealt a major blow to the career of Malema, whose push to nationalise mines in the world's biggest platinum producer has unnerved investors.

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