(Bloomberg) -- Risks around an election expected to be the most competitive since South Africa became a democracy in 1994 cloud the outlook for its stocks next year.Most Read from BloombergApple Races to Tweak Software Ahead of Looming US Watch BanTrump Barred From Colorado Ballot in Unprecedented RulingApple to Halt US Sales of Smartwatches After Patent LossWhat If Putin Wins? US Allies Fear Defeat as Ukraine Aid StallsThe Hedge Fund Traders Dominating a Massive Bet on BondsWhile 40 national el