- South Africa enjoyed a period of solid economic performance in the decade up to the financial crisis.
- After that, things have deteriorated, and recent revelations have brought to light a disturbing level of government capture by three Indian brothers behind the President.
- It will be difficult to turn things around before the elections scheduled for 2019. South Africa could turn populist before then.
- Bonds and the currency will likely suffer more. Stocks could do considerably better.
Meet The 3 Brothers That Are Ruining South Africa
April 10th, 2017 · No Comments
Tags: Emerging Markets