Subscribe to the bi-annual report
  • This field is for validation purposes and should be left unchanged.
Assessing and promoting civil and minority rights in South Africa.

[Source: Business Day Live by Ntsakisi Maswanganyi.]

Rising political risk carries the threat of disrupting policies aimed at growing the economy, bringing SA closer to a sovereign credit rating downgrade in three months.

Credit rating agencies identified the local government elections and the uncertainty surrounding whether Finance Minister Pravin Gordhan will be charged by the Hawks as the main political risks facing SA.

The country cleared the first hurdle, but the hangman’s noose is tightening on the second one, which has seen the rand take a dive and big money pull out of lending to state-owned entities.

BNP Paribas Cadiz economist Jeff Schultz said the political risk affected meaningful foreign direct investment to SA.

Continue reading here.

 

South Africa at a Glance
56 500 000 (mid 2017 estimate)
4.6% y/y in June 2018 (CPI) & +4.6 y/y in May 2018 (PPI)
294.84 in USD BIllion (December 2017)
More information: Click here!