Risk Alert

What reforms will be needed to unlock growth and reduce unemployment, we ask?

Internationally, we examine whether a recession is looming in the United States, and if the European Union can contain the food security problems resulting from the war in Ukraine.

We also flag policy own goals as the main deterrent to investment in South Africa — which investment conferences cannot fix — and advise of the rising risk of anti-constitutionalist sentiments among prominent political figures.

On the global front, we caution that the increase in the cost of agricultural inputs will cause disruptions in international food trade as well as raise the likelihood of social unrest and upheaval in parts of the globe.

We also warn of increased anti-foreigner sentiment, and its growing use as a tool of political mobilisation in South Africa.

Looking at the global economy, we discuss whether the U.S. Federal Reserve will continue to hike interest rates, and also speculate on the decline of the U.S. Dollar as an international reserve currency.

Can South Africa overcome the structural impediments to its growth, we ask?

Internationally, we look at inflation in developed markets and the unintended consequences of Russia’s invasion of Ukraine.