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Assessing and promoting civil and minority rights in South Africa.

[Source: The Cointelegraph by Gareth Jenkinson.]

Cryptocurrencies have taken the world by storm in the past few years and that has led to larger countries like Russia and China imposing bans on their trade.

While those superpowers flex their muscles to the detriment of various virtual currencies, emerging markets are starting to catch on to the wave and their governments and financial institutions seem slow on the uptake.

As a relatively young democracy, South Africa is one of those countries. Ongoing political dramas have hammered the South African rand and have led to recent credit downgrades- which has seen wealthy South Africans look to take their money out of the country.

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.9% y/y in August 2018 (CPI) & +6.3 y/y in August 2018 (PPI)
-0.7% q/q (2nd quarter of 2018)
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