With a small economy such as ours, regulations and policies that make it more difficult for skilled foreign workers and businesses to invest time and capital here, represent a serious risk to future economic growth.
Chris Hattingh
Chris Hattingh is Executive Director at the Centre For Risk Analysis (CRA). With a special focus on trade, investment, and economic matters, as well as foreign policy, Chris serves on the Executive Board of the Global Trade and Innovation Policy Alliance, sits on the advisory council of the Initiative for African Trade and Prosperity and holds the position of Senior Fellow at African Liberty. Chris holds an MPhil (Business Ethics) degree from Stellenbosch University. In his role at the CRA, Chris leads strategic engagements and briefings to clients across South Africa, as well as globally.
Die Instituut vir Rasseverhoudings sê Suid-Afrikaners het net meer as 'n maand oor om 'n beroep op parlementslede te doen vir die verwerping van die Wetsontwerp op Onteiening.
The latest Macro Review, a report published by the Centre For Risk Analysis (CRA), details the current state of South Africa’s municipalities. It finds that most of South Africa’s municipalities are in serious financial trouble. They also lack the capacity to adequately deliver services, feeding into increased protest action, and negatively impacting investment and economic growth.
The ANC may begrudgingly take on reforms but these will be cosmetic at best and will not change the fundamental relationship between party and state
This inevitably means that, when a party such as the ANC is in charge of state organs and tools, the default will be toward policies that increase centralisation, taxation, and power maximisation – all of which have wrought havoc on the economy, with a record-high unemployment rate and lower foreign direct investment flows as the prime examples.
This means the country's fiscus will be more fragile in future.
Basic Income Grant (BIG) – added to the increasing number of other forms of welfare – represents a major risk to South Africa’s fiscal responsibility and growth prospects.
Simply discussing the possibility of nationalisation sends a signal to SA and international companies and investors that the institution may lose all credibility