South African politics and the economy: where do we stand and where are we headed?
Renewed growth in SA depends on Ramaphosa’s ability to resolve the different views within the ANC
Under the Zuma administration, political accountability was destroyed. Many critical state institutions faltered. Corruption undermined SA’s democracy, leading to the destruction of the economy, the mismanagement of state resources and higher levels of poverty and inequality. The State Capacity Research Project, in a report titled Betrayal of the Promise: How South Africa Is being Stolen, highlighted how a powerful elite captured key state institutions and repurposed them for its own benefit in ways that subverted the legal and constitutional framework, rendering these institutions incapable of executing their societal responsibilities. Nevertheless, the Centre for Development and Enterprise argues that SA remains one of a handful of countries in Africa that can be considered a true liberal democracy, boasting a “strong free press, an independent judiciary and a tradition of civil society activism to hold leaders to account”. Since the market-favourable outcome of the national confe...
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