{"id":26036,"date":"2025-05-15T16:33:09","date_gmt":"2025-05-15T14:33:09","guid":{"rendered":"https:\/\/taceconomics.com\/?p=26036"},"modified":"2026-05-11T10:55:29","modified_gmt":"2026-05-11T08:55:29","slug":"south-africa-balancing-structural-strengths-and-political-fragility","status":"publish","type":"post","link":"https:\/\/taceconomics.com\/en\/south-africa-balancing-structural-strengths-and-political-fragility\/","title":{"rendered":"South Africa: Balancing Structural Strengths and Political Fragility"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"26036\" class=\"elementor elementor-26036\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3936f2de e-con-full e-flex e-con e-parent\" data-id=\"3936f2de\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fcd77cf e-con-full e-flex e-con e-child\" data-id=\"fcd77cf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7253d407 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"7253d407\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">South Africa: Balancing Structural Strengths and Political Fragility<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ffc341a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7ffc341a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9d37b8 elementor-widget 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12-12z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>May 15, 2025<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-d3c01a0 elementor-inline-item\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-tags\" viewBox=\"0 0 640 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M497.941 225.941L286.059 14.059A48 48 0 0 0 252.118 0H48C21.49 0 0 21.49 0 48v204.118a48 48 0 0 0 14.059 33.941l211.882 211.882c18.744 18.745 49.136 18.746 67.882 0l204.118-204.118c18.745-18.745 18.745-49.137 0-67.882zM112 160c-26.51 0-48-21.49-48-48s21.49-48 48-48 48 21.49 48 48-21.49 48-48 48zm513.941 133.823L421.823 497.941c-18.745 18.745-49.137 18.745-67.882 0l-.36-.36L527.64 323.522c16.999-16.999 26.36-39.6 26.36-63.64s-9.362-46.641-26.36-63.64L331.397 0h48.721a48 48 0 0 1 33.941 14.059l211.882 211.882c18.745 18.745 18.745 49.137 0 67.882z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/category\/emerging-markets\/\" class=\"elementor-post-info__terms-list-item\">Emerging Markets<\/a>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9395f23 e-con-full e-flex e-con e-child\" data-id=\"9395f23\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;background_motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;background_motion_fx_scale_effect&quot;:&quot;yes&quot;,&quot;background_motion_fx_scale_range&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:{&quot;start&quot;:50,&quot;end&quot;:100}},&quot;background_motion_fx_scale_direction&quot;:&quot;out-in&quot;,&quot;background_motion_fx_scale_speed&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:4,&quot;sizes&quot;:[]},&quot;background_motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5a0edc5 elementor-widget elementor-widget-image\" data-id=\"5a0edc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"320\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/07\/South-Africa-062025-e1751983848538.jpg\" class=\"attachment-large size-large wp-image-26066\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/07\/South-Africa-062025-e1751983848538.jpg 600w, https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/07\/South-Africa-062025-e1751983848538-300x160.jpg 300w, https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/07\/South-Africa-062025-e1751983848538-18x10.jpg 18w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-eefa04b e-flex e-con-boxed e-con e-parent\" data-id=\"eefa04b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-faf90b5 elementor-widget elementor-widget-text-editor\" data-id=\"faf90b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>South Africa\u2019s economy in 2025 presents a complex picture. Structurally, the country stands on solid ground\u2014diversified industries, a credible financial system, and manageable external risks. But political instability, weak economic momentum, and policy uncertainty are weighing down its near-term outlook. For investors and analysts watching <strong>emerging markets<\/strong>, South Africa remains a country of both promise and pitfalls.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-53a3ac8 e-flex e-con-boxed e-con e-parent\" data-id=\"53a3ac8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5c6f8f5 elementor-widget elementor-widget-heading\" data-id=\"5c6f8f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">South Africa's Country Risk Profile: Stronger Than Perceived<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-847fa38 elementor-widget elementor-widget-text-editor\" data-id=\"847fa38\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Despite common perceptions of underperformance, South Africa currently enjoys a <strong>relatively low country risk premium<\/strong>, standing at 280 basis points as of early 2025. This is a sharp improvement from previous years, driven by reduced global risk aversion and internal economic resilience.<\/p><p>Key structural strengths contributing to South Africa\u2019s positive risk profile include:<\/p><ul><li>A <strong>diversified economy<\/strong> with strong mineral production<\/li><li><strong>Sufficient foreign exchange reserves<\/strong> and limited external imbalances<\/li><li>A <strong>flexible exchange rate<\/strong> and stable inflation-targeting regime<\/li><li>The ability to <strong>issue debt in local currency<\/strong>, reducing foreign exchange exposure<\/li><li><strong>Deep financial markets<\/strong> with solid banking infrastructure<\/li><\/ul><p>These attributes position South Africa favorably among large <strong>emerging economies<\/strong> in terms of risk-adjusted investment appeal.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-21ecd67 e-flex e-con-boxed e-con e-parent\" data-id=\"21ecd67\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-42c0ca3 elementor-widget elementor-widget-heading\" data-id=\"42c0ca3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Political Risk in South Africa Remains a Major Concern<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0d9bae elementor-widget elementor-widget-text-editor\" data-id=\"c0d9bae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>However, this promising risk profile is undermined by growing <strong>political and governance challenges<\/strong>. According to TAC ECONOMICS, South Africa&#8217;s <strong>Political &amp; Governance Risk rating<\/strong> has deteriorated significantly over the last five years. Institutional inefficiencies, poor public service delivery, and ongoing energy crises\u2014especially at Eskom\u2014are eroding confidence in governance.<\/p><p>The <strong>2024 general elections<\/strong> were a turning point. The long-dominant African National Congress (ANC) lost its majority for the first time since 1994, following the rise of the <strong>MKP party<\/strong>, led by former President Jacob Zuma. This led to the formation of a <strong>national unity government<\/strong> comprising ten political parties. While this coalition brings a degree of inclusiveness, it has also slowed policymaking and increased tensions\u2014most visibly in delayed parliamentary approval of a national budget with a projected <strong>fiscal deficit of 5% of GDP<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8443d10 e-flex e-con-boxed e-con e-parent\" data-id=\"8443d10\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d8ee96f elementor-widget elementor-widget-heading\" data-id=\"d8ee96f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">South Africa\u2019s Economic Outlook for 2025: Weak Recovery Ahead<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f4e2bec elementor-widget elementor-widget-text-editor\" data-id=\"f4e2bec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>While <strong>long-term macroeconomic risks<\/strong> are relatively contained, the <strong>cyclical and financial outlook<\/strong> for South Africa remains weak. Key indicators include:<\/p><ul><li><strong>Manufacturing PMI below 50<\/strong> since November 2024<\/li><li>Weak domestic demand momentum<\/li><li>High real interest rates and low business confidence<\/li><li>Global trade tensions and <strong>lower commodity prices<\/strong> impacting exports<\/li><\/ul><p>Although interest rates are now easing and electricity supply is stabilizing, <strong>economic growth in South Africa<\/strong> is expected to remain subdued in 2025. The <strong>South African Rand (ZAR)<\/strong> is likely to experience <strong>moderate depreciation<\/strong> due to external pressures and lingering fiscal concerns.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-597e3ad e-flex e-con-boxed e-con e-parent\" data-id=\"597e3ad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dc2e21e elementor-widget elementor-widget-heading\" data-id=\"dc2e21e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Investment Outlook: Resilience Meets Risk<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b4a794 elementor-widget elementor-widget-text-editor\" data-id=\"2b4a794\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>South Africa\u2019s <strong>investment outlook in 2025<\/strong> is best described as cautiously optimistic. The country offers:<\/p><ul><li>Strong <strong>structural fundamentals<\/strong> attractive to foreign investors<\/li><li>Reduced vulnerability to global financial shocks<\/li><li>A stable but flexible monetary framework<\/li><\/ul><p>However, the risks from political fragmentation, weak policy execution, and global uncertainty cannot be ignored. Investors must weigh these factors when assessing <strong>opportunities in South African markets<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7a3f619 e-flex e-con-boxed e-con e-parent\" data-id=\"7a3f619\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d7f8350 elementor-widget elementor-widget-text-editor\" data-id=\"d7f8350\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8fe5339 e-flex e-con-boxed e-con e-parent\" data-id=\"8fe5339\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-01bd532 elementor-widget elementor-widget-heading\" data-id=\"01bd532\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Latest posts<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c66e620 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"c66e620\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;3&quot;,&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-30139 post type-post status-publish format-standard has-post-thumbnail hentry category-emerging-markets\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/taceconomics.com\/en\/indonesia-economy-strong-fundamentals-rising-vulnerabilities\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"500\" height=\"267\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia-500x267.jpg\" class=\"attachment-medium size-medium wp-image-30141\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia-500x267.jpg 500w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia-18x10.jpg 18w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia.jpg 600w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/indonesia-economy-strong-fundamentals-rising-vulnerabilities\/\" >\n\t\t\t\tIndonesia: Strong Fundamentals Meet Rising Vulnerabilities\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 22, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__read-more-wrapper\">\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/taceconomics.com\/en\/indonesia-economy-strong-fundamentals-rising-vulnerabilities\/\" aria-label=\"Read more about Indonesia: Strong Fundamentals Meet Rising Vulnerabilities\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-29612 post type-post status-publish format-standard has-post-thumbnail hentry category-emerging-markets\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/taceconomics.com\/en\/middle-east-conflict-economic-consequences-gulf-countries\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"500\" height=\"267\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ-500x267.jpg\" class=\"attachment-medium size-medium wp-image-29324\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ-500x267.jpg 500w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ-18x10.jpg 18w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ.jpg 600w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/middle-east-conflict-economic-consequences-gulf-countries\/\" >\n\t\t\t\tConflict in the Middle East: What Are the Implications for Gulf Economies?\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 5, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__read-more-wrapper\">\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/taceconomics.com\/en\/middle-east-conflict-economic-consequences-gulf-countries\/\" aria-label=\"Read more about Conflict in the Middle East: What Are the Implications for Gulf Economies?\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-29566 post type-post status-publish format-standard has-post-thumbnail hentry category-webinaire\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/taceconomics.com\/en\/webinaire-tac-economics-perspectives-au-moyen-orient-a-lepreuve-du-conflit\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"267\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574-500x267.jpg\" class=\"attachment-medium size-medium wp-image-29544\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574-500x267.jpg 500w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574-18x10.jpg 18w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574.jpg 600w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/webinaire-tac-economics-perspectives-au-moyen-orient-a-lepreuve-du-conflit\/\" >\n\t\t\t\tWebinaire TAC ECONOMICS | Perspectives au Moyen-Orient : \u00e0 l&#8217;\u00e9preuve du conflit\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 4, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__read-more-wrapper\">\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/taceconomics.com\/en\/webinaire-tac-economics-perspectives-au-moyen-orient-a-lepreuve-du-conflit\/\" aria-label=\"Read more about Webinaire TAC ECONOMICS | Perspectives au Moyen-Orient : \u00e0 l&#8217;\u00e9preuve du conflit\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>South Africa\u2019s economy in 2025 presents a complex picture. Structurally, the country stands on solid ground\u2014diversified industries, a credible financial system, and manageable external risks. But political instability, weak economic momentum, and policy uncertainty are weighing down its near-term outlook. <\/p>\n","protected":false},"author":5,"featured_media":26071,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-26036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-emerging-markets"],"acf":[],"_links":{"self":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts\/26036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/comments?post=26036"}],"version-history":[{"count":22,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts\/26036\/revisions"}],"predecessor-version":[{"id":28215,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts\/26036\/revisions\/28215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/media\/26071"}],"wp:attachment":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/media?parent=26036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/categories?post=26036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/tags?post=26036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}