( South Africa Economy Profile ) South Africa’s increase outlook is still unfavourable; in the short-term, increase will be held back by low investor confidence, while in the medium run structural weaknesses in areas such as infrastructure, labour and competition will need to be addressed.
Sourced through Scoop.it from: globserver.cn
President Jacob Zuma continues to suffer fallout from corruption scandals. Corruption charges against Zuma, which were initially dropped in 2009 by again chief of the prosecutor Mokotedi Mpshe, but that judgement has presently been called into question by the same office. Meanwhile, occasional anti-corruption marches take place, though these are unlikely to have significant political consequences. Despite all the recent trouble for Zuma and his ANC