No. 3 Vol. 1 3rd & 4th Quarter 2018

This report provides insight into the current macro socio-political and economic environment in South Africa, judging that the government will not introduce much by way of structural reform over the short to medium term, that the ANC will achieve a national majority in the 2019 election, possibly approaching 60%, that political instability will worsen over the short to medium term, and that low rates of economic growth will persist over the short to medium term with significant downside risk.