As any observer of the South African political economy will tell you, Nelson Mandela’s country is long due a lucky break.

But it won’t get that break in the upcoming election, in which the governing African National Congress is expected to lose its majority after 30 years in power. Plagued by “unimpressive” economic growth, one of the world’s highest unemployment rates, corruption, and failing infrastructure underlined by crippling power blackouts, the country is instead set for at least another five years of political uncertainty, dysfunction and poor economic performance.

QOSHE - South Africa Faces Another 5 Years of Uncertainty - Justice Malala
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South Africa Faces Another 5 Years of Uncertainty

4 0
06.02.2024

As any observer of the South African political economy will tell you, Nelson Mandela’s country is long due a lucky break.

But it won’t get that break........

© Bloomberg

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