South Africa’s Slump [S2, E25]

Twenty-five years after apartheid officially ended in South Africa, the country is in the news for all the wrong reasons: one of the highest unemployment rates in the world at 58%, junk status government bonds, slowing GDP growth, and violent crime. Can President Cyril Ramaphosa of the African National Congress turn things around as his administration approaches its first-year anniversary in office? Ann Bernstein, who heads the Centre for Development and Enterprise, South Africa’s leading policy center for social and economic development, joins Altamar to explain how the nation can tackle the myriad of challenges. Bernstein was a member of the Transition Team and later the Board of the Development Bank of Southern Africa, and is the author of “The Case for Business in Developing Economies.”

https://altamar.us/south-africa-slump/

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