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Assessing and promoting civil and minority rights in South Africa.

Economy

[Source: allAfrica by Dale T. Mckinley.]

AMANDLA NGAWETHU! We hear it all the time and many regularly shout it. Indeed, ‘Power to the People!’ has been a crucial part of South Africa’s political vocabulary for decades, first as the sole preserve of those in the anti-apartheid struggle, but now as an almost generic democratic slogan. Read more

[Source: Moneyweb by Hilton Tarrant.]

First, the bad news. In the first two months of this year, Eskom was forced into load shedding 18 times. That’s 18 out of 59 days, or 31%. The first week of January shouldn’t count, so that number’s more like 35%. Things looked bad in early February. For nine days straight, we lurched from Stage 1 to Stage 2 (to Stage 3, once) and back again. This, after Koeberg Unit One tripped due to human error, taking 900MW of supply offline a week earlier than planned. Read more

[Source: Business Day Live by Henk Langenhoven.]

Cul-de-sacs in medieval towns are a well-documented architectural phenomenon. They existed due to the organic and haphazard growth of towns, and the need for walls and other fortifications against enemies. It would appear SA has recently met more than one of these obstacles, with important implications for economic policy in general, and the metals and engineering sector in particular. Read more

South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.4% y/y in April 2019 (CPI) & +6.5 y/y in April 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
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