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Deteriorating prospects for foreign investment in South Africa for 2015. Economic growth is forecast by the IMF to remain below 2.5% for years till the power situation is tackled. Growth is estimated in 2014 at a mere 1.4%, not enough to reduce high unemployment of over 25%. Lower commodity prices for mining exports, and a decline in the value of the rand reduce any benefit from lower oil prices. The government of president Zuma is seen as ineffective in tackling power shortages, and making changes at electricity company Eskom which suffers from cash shortages.
Grouped Articles
South Africa Faces Credit Scrutiny Amid Blackouts
Wall Street Journal 12.14.2014
Wall Street Journal 03.25.2015
Businesses Seek Out New African Frontiers
Wall Street Journal 04.01.2015
Africa and commodity prices: No longer the kiss of death
Economist 04.30.2015
Weak Power Grids in Africa Stunt Economies and Fire Up Tempers
New York Times 07.02.2015
The Betrayal of Mandela’s Promise
Wall Street Journal 08.20.2015
South Africa’s Rand Falls to Record Low After Finance Minister’s Dismissal
Wall Street Journal 12.12.2015
Wall Street Journal 01.12.2016
IMF’s African Push Reopens Old Wounds
Wall Street Journal 03.05.2016
A Seismic Shock for Jacob Zuma
The New York Times 08.09.2016
Zuma under fire for sacking finance minister | Africa | DW.COM | 31.03.2017
DW.COM 03.31.2017
Zuma to Face No-Confidence Vote, This Time by Secret Ballot
The New York Times 08.07.2017
Moody's downgrades South Africa over politics, debt | News | DW | 10.06.2017
DW.COM 06.10.2017
South African President Jacob Zuma Survives Motion of No-Confidence
WSJ 08.08.2017
End of Apartheid in South Africa? Not in Economic Terms
The New York Times 10.24.2017
South Africa Sees Fresh Start for Economy, With the Same Challenges
The New York Times 02.15.2018
The disastrous legacy of South Africa’s President Jacob Zuma
The Economist 02.16.2018
Cyril Ramaphosa, elected South Africa’s new president, confronts woes of Zuma legacy
Washington Post 02.16.2018
Opinion | South Africa’s Zuma Leaves Behind a Broken Democracy
The New York Times 02.14.2018
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