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Ramaphoria losing steam?

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South African President Cyril Ramaphosa recently celebrated 100 days in office, three months after Jacob Zuma was pressured by the ANC to resign or face impeachment. Ramaphosa faced a tough battle to secure the ANC’s backing to succeed Zuma, with the leadership contest exposing deep divisions within the ruling party. But in the large, the markets and electorate reacted positively to his victory, and South Africa’s economy witnessed a clear upswing in both sentiment and real economic indicators in its wake. Ramaphosa’s moves to change up the order and introduce a series of reforms to tackle the rot left by his predecessor were at the heart of these changes. Yet the honeymoon period may prove short, with some of that confidence boost already ebbing. Ramaphosa is now having to confront a series of entrenched challenges that will shape the outlook for South Africa’s economy in the lead-up to the 2019 elections and beyond. In this note, we explore some of the critical issues facing the new South African President.

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About the author:  Roddy Barclay is the Director of the Intelligence and Analysis team at africapractice. In this role, Roddy leads the company’s political risk advisory and business intelligence practice across sub-Saharan Africa. He has advised clients across diverse sectors on managing their political and reputational risk exposure for over eight years, and has developed particular expertise in the extractives, ICT and financial sectors. Roddy formerly worked as a Senior Consultant at Control Risks. Throughout his professional career, he has spent considerable amounts of time in Africa for research and consulting purposes, developing strong networks and a good understanding of the local risk environment. He is also a regular commentator in the international media on African political and commercial dynamics. Roddy holds a First Class degree in Modern Languages from the University of Bristol. 

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