I won’t lie. The headline shook me up a bit. It was on Bloomberg, the international business news service, and it blared: “South Africa is on the Road to Becoming a Failed State”.

The subheading to the article, which was carried in The Washington Post and other platforms on March 29, continued the story: “The euphoria in financial markets that accompanied Cyril Ramaphosa’s election victory in 2018 [sic] failed to account for the corruption and theft that have become the nation’s dominant post-apartheid leitmotifs.”..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.