Long-term economic and political challenges remain for SA
President Cyril Ramaphosa’s leadership strategy offers SA a detour from disaster
There have been some positive developments of late that should create stability for President Cyril Ramaphosa and his government as they tackle economic and political challenges.
While concern about a government debt crisis in the near term has subsided, several unresolved issues continue. These are keeping the sovereign risk premium on longer-term government debt embedded at elevated levels. Furthermore, the president’s indirect, low-risk approach is bearing fruit, in consolidating his power base and furthering his policy strategy, including tackling corruption...
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