Decreasing investment protection
[Source: Yahoo Finance from Bloomberg by Felix Njini.]
When South Africa’s state-owned utility announced record power cuts on Monday afternoon, Impala Platinum Holdings Ltd. had two hours to hoist thousands of workers from 1 kilometer (0.6 miles) deep shafts. Read more
[Source: Successful Farming via Reuters.]
Proposed changes to South Africa’s constitution to allow land to be expropriated without payment will be officially published next week, potentially setting the stage for a conflict between the government and commercial farmers and the opposition. Read more