Risk Alert | Budget hits a brick wall

24 February 2025 - In this week’s Risk Alert, we begin with the postponed budget speech and South Africa’s narrow tax base.

Publication description

We analyse the lack of imagination keeping the country in a low-growth trap. We then turn to ongoing tension between failing state services and private solutions.

We close with a look at rejigged ANC provincial structures, as well as details regarding upcoming race quotas.