Viscous Fiscus: In Pursuit of Reform, South Africa Takes One Step Forward, One Step Back
Bonds & Loans
Published: 22 February 2019 03:43
Markets have hung their hopes on the upcoming 2019 election and the avoidance of a blowout at troubled state-owned utility Eskom as potential reasons for optimism in South Africa, but without a monumental shift in mindset, or an end to the factionalism that has increasingly defined the executive and the ANC, both reform and growth will remain elusive.
15 May 2019