Prospects for South Africa in 2020

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.