SOUTH Africa faces a precipitous economic and political collapse by 2030 unless it changes its economic model and implements growth-friendly policies, according to Eunomix Business & Economics Ltd.
Using a range of measures, the Johannesburg-based political and economic risk consultancy forecasts the country will rank near the bottom of a table of more than 180 countries in terms of security, similar to Nigeria and Ukraine, and have prosperity akin to Bangladesh or Ivory Coast. That’s a significant decline from its current position, though it should fare better on governance and welfare measures.
“Bar a meaningful change of trajectory, South Africa will be a failed state by 2030,” Eunomix said in a report.
The consultancy blames a structure created during the White-minority apartheid era that was designed to exclude the Black majority, creating one of the world’s most unequal societies. Since the advent of democracy in 1994, the ruling African National
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