South Africa Sees Fresh Start for Economy, With the Same Challenges (NYT)

The A.N.C. is gaining a new opportunity after the resignation of President Jacob Zuma in the face of rampant accusations of corruption. Overall economic growth is slow. By the end of 2016, South Africa’s economy was still roughly the same size it was in 2009, according to the World Bank, which anticipates growth of about 1.1 percent this year. That makes the country one of the weakest economies on earth in a time of global expansion. READ MORE

Similar Posts:

• Jacob Zuma Wages War on South Africa’s Institutions (FT)
• South Africa: The Economic Challenge (BBC)
• Macro Forum Insights and Perspectives (Actis)
• Three Keys to a New South Africa (Project Syndicate)
• Consumer Prices Likely to Rise Sharply in South Africa – BNP Paribas (BusinessReport)
• Will South Africa Repeat Zimbabwe’s Fatal Land Mistakes? (CapX)
• China Still Leads the BRICs in the Global Competitiveness Report
• S&P South Africa Downgrade Excerpt (Rand Daily Mail)
• South Africa’s GDP Returns to Pre-pandemic Levels, Increases 1.9% in First Quarter (IOL)
• South Africa Falls to #56 in the Global Competitiveness Report
• Ramaphosa Takes Tax Gamble as South Africa Targets Debt (Bloomberg)
• South Africa’s Economic and Potential Downgrade Woes (Bloomberg)
• Africa’s Consumer Market Potential: Trends, Drivers, Opportunities and Strategies (Brookings Institution)
• Why Land Seizure Is Back in News in South Africa (Bloomberg)
• “Fragile Five” Emerging Markets No Longer That “Fragile” (AP)