South Africa’s Economic Fault Lines

Nearly two decades after the collapse of apartheid, South Africa is a pluralistic democracy with a robust free press, an independent judiciary, and a commitment to the rule of law. The country’s mixed economy is the largest–and arguably least risky for investors–on the continent, with deep capital markets and highly developed financial services. Yet despite the […]

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Let There Not Be Another Mandela

The ailing former president has been squarely on South Africa’s mind the last few months. At 94, he is frail and fading fast. Housebound and bedridden in his Johannesburg estate, he is rumored to be senile; some claim he no longer speaks at all. One especially devastating newspaper report, quoting his former wife, said that his “sparkle was fading.” Read […]

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Over The Rainbow

ON JUNE 26th 1955, 3,000 South Africans gathered in a dusty square in Kliptown, a district of Soweto, a sprawling black township on the outskirts of Johannesburg. Members of the African National Congress (ANC) congregated alongside their anti-apartheid confederates to proclaim a new vision of the future. The next day police broke up the meeting […]

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