The South African government’s failure to uphold the rule of law and to reform the economy has created an untenable and unsustainable environment that may lead to social unrest and early elections being called.
This is according to former CEO of Goldman Sachs sub-Saharan Africa, Colin Coleman, who believes that without immediate action to change South Africa’s growth trajectory, the country faces a “systemic meltdown”.
According to Coleman, quoted in the Sunday Times, the government has failed to grow the tax base, create jobs,…
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Iran: You have two cows. When the US finds out, they impose sanctions on you on charges of running an illicit methane-powered missile program.
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Fun South African Fact: South Africa is now the only country in the world to have hosted the Soccer, Cricket and Rugby World Cup!