South Africa suffers as SSA closes very weak year

The South African currency and local equities plunged in December when a botched cabinet reshuffle by President Jacob Zuma caused investors to question the country’s governance. The self-induced crisis provided grim finale for a year that has been difficult for markets across Sub-Saharan Africa (SSA).

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.