Risk Articles

Risk Outlook September 2025

September 2025

The latest political flashpoint is the African National Congress (ANC’s) resolve to expand the Government of National Unity (GNU), taken at its most recent National Executive Committee (NEC) meeting between 1 and 4 August.

Risk Outlook August 2025

August 2025

The newly-announced 30% blanket US tariff on South Africa will deal a heavy blow to key export sectors in 2025 and beyond.

Risk Outlook July

July 2025

Various disagreements over the application of legislation related to Broad-Based Black Economic Empowerment (B-BBEE) as a way of economic redress will continue to rattle the foundation of the Government of National Unity (GNU) over the coming months.

Risk Outlook May 2025

May 2025

After more than two months of political deadlock, parliament has finally approved the 2025/26 budgetary framework (“budget”), applicable for the current government fiscal year (April 2025—March 2026)…

Risk Outlook April

April 2025

At the time of writing, politics in South Africa is in flux, with the future of the current formation of the coalition government in doubt. The Government of National Unity (GNU), formed in the wake of the 2024 general elections, and anchored…

Risk outlook March

March 2025

The refusal to rubberstamp finance minister and senior African National Congress (ANC) politician Enoch Godongwana’s budget for the upcoming government fiscal year between 1 April 2025 and 31 March 2026 (FY25/26) by some members…

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