SA’s decline is likely to continue as the country wrestles with the consequences of nine years of worsening corruption and policy paralysis under former President Jacob Zuma, the Johannesburg-based political-risk advisory company said. The fragility of the economy may also limit the tenure of his successor Cyril Ramaphosa, who faces his first national election on May 8, it said.
An index of security, governance, prosperity and welfare indicators shows South Africa slumped to 88th out of 178 nations in 2018 from 31st in 2006, according to an analysis of the country’s prospects by Eunomix. The company advises some of the biggest mining companies operating in the country.
GovernmentZA seen this ?
This says it ALL!
Thanks to the ANC. But don’t for one moment think that the EFF will be saviors. They will be worse.
please give us another chance MYANC such an achievement.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BUSINESS MAVERICK: SA’s car manufacturing system could help to get SA’s industrial development on the roadTo great political applause, car company Nissan has said it will spend R3-billion on its plant in Rosslyn outside Pretoria to build the Navara model. Announcements like these regularly punctuate the news; it’s all part of SA’s grand Automotive Production and Development Programme, arguably the crown of SA’s interventionist industrial effort. But if this policy is working so well — and it does seem it is — why is it not being applied to other sectors?
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Uber Makes IPO Case That It’s About the Platform, Not the LossesUber Technologies Inc., the current era’s archetypal startup, moved toward becoming a public company Thursday, revealing that it racked up a $3 billion operating loss last year and hoping potential investors will look beyond that.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Analysis: Belt & Road’ Will Help World; China, Not So MuchThe global economic development initiative that China calls “One Belt, One Road” is considered one of Beijing’s major instruments in its geopolitical battle. But academic Tyler Cowen argues it’s unlikely to do much to boost Chinese power as it helps most of the world.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Tiffany Training Africans to Cut Locally Sourced DiamondsTiffany & Co. has been expanding its workforce in sub-Saharan Africa -- a region of almost one billion people where the jewelry giant doesn’t have a single store.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Tuesday, April 16: Five Things You Need to Know to Start Your DayFire engulfs the historic Notre Dame Cathedral in Paris. Bank earnings weigh on stocks. And the Bank of Japan’s ETF buying is called into question. Here are some of the things people in markets are talking about.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick Op-Ed: Energy transition: Towards a zero-emission futureA low-cost shift to clean energy is now feasible for every region of the world, owing to the plummeting costs of solar and wind power, and breakthroughs in energy storage. The total system costs of renewable energy, including transmission and storage, are now roughly on par with fossil fuels.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Crisis in Coffee Means Hipsters Could Lose Specialty BlendsThe dramatic plunge in coffee prices has gotten so bad that it’s threatening to claim its next victim: the specialty blends used by fancy coffee shops and discerning home brewers.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Why Does Trump Want to Turn America Japanese?As officials from the US and Japan meet this week to begin hashing out a bilateral free-trade pact, author Michael Schuman asks why U.S. President Donald Trump seems to be preferring policies would essentially emulate those that underpinned not just Japan’s rise but its subsequent fall.
Source: dailymaverick - 🏆 3. / 84 Read more »