Irene Lauro

Economist, EMEA Research
+44 20 7246 7878

Larry Brainard

Managing Director, Chief Economist
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South Africa: Political turmoil is in the cards

Overview

The African National Congress (ANC) is facing both an internal struggle over the future direction and control of the party and a strong challenge from opponents amid a bleak economic outlook and numerous scandals involving President Jacob Zuma. The President’s popularity has been declining since he unexpectedly fired his highly respected Finance Minister Nhlanhla Nene last December and efforts to remove him from office have increased. The political turmoil will likely escalate if...

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