Prospects for South Africa in 2020
Tuesday, November 26, 2019
Subject
Prospects for South Africa in 2020.
Significance
Fiscal woes and muted growth prospects are weighing heavily on President Cyril Ramaphosa’s government as it attempts to stabilise ailing state-owned enterprises (SOEs) and rein in public debt amid the prospect of further rating agency downgrades. Anti-corruption reforms are gaining momentum, while opposition parties undertake leadership changes and strategic manoeuvring ahead of the 2021 local elections.