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South African Renaissance: SA a Top 10 global risk?...NotJanuary 17, 2017Eurasia Group (a political risk consultancy) has included South Africa on its influential list of the 10 biggest global risks for 2017. We think thats a mistake. Yes, the transition beyond Zuma may be volatile, unemployment is rife, growth-supportive reforms are lacking and SA may get downgraded to junk (S&P seems to be setting the table for this in 4Q) but none of this should result in a political or economic crisis in 2017. A Top 10 global risk on a 10-year view perhaps, but in our view, SA is probably among the emerging markets that is least at risk of self-made, Fed or geopolitical contagion risk in 2017. Loading the player ...
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