Risk Alert | The dangers of a new state of disaster
6 February 2023 - In this week's exclusive client Risk Alert, we look into the risks of a ‘state of disaster’ in response to South Africa’s electricity crisis, as contemplated by the African National Congress (ANC).
Publication description
We also examine the broader policy implications of the increasing ‘toenadering’ between the ANC and the Economic Freedom Fighters; and the impact of failing transport infrastructure on South Africa’s economic growth prospects.
We close with a comment on the risk of foreign-denominated debt, notably the potential burden on the South African taxpayer.