Snapshot of South Africa now?

  • Zuma re-elected President in May '14 so policy continuity but tension between ANC's leftist & moderate factions continues (not majorly disruptive).
  • Slow growth in recent years but good monetary and fiscal policy mix to help growth, yet structural problems of income inequality, poverty, crime, unemployment & erosion of democratic credentials to persist, but nothing traumatic now.
  • So everything very slightly worse, but essentially more of the same.

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