One economy is trying to pull back from a looming fiscal cliff with limited space and has received credit ratings upgrades for its efforts at a time when such stamps of approval have become an endangered species on the global stage.
The other is fast becoming a “banana republic” that is marked by rampant incompetence, crime and transparent corruption at the highest levels of a state burdened by surging debt levels with little to show for them.
The first is a rough snapshot of South Africa’s current fiscal state, and the second is a portrait of the “lost Zuma years”. But it is also an apt description of the unfolding train smash that is the second Trump administration in the US.
As…
Fossil Fuels: South Africa relies heavily on coal for electricity generation, with coal-
fired power plants providing the majority of the country’s energy needs.
potato sub
Fun South African Fact: South Africa is home to the world’s longest wine route: Route 62. It spans an impressive 850 kilometres and the excellent wineries along the way are a must-visit for lovers of fine wine! You can even enjoy the winelands on a day trip from Cape Town. Travel 40-min to an hour outside of the city centre to enjoy decadent wine tastings and even wander through some of the beautiful wine farms and estates! Suburbs like Durbanville and Constantia are even closer to the city centre and are also home to many exceptional wineries.
Canine Hannibal
Chad: You have two cows. They will probably outlive you.