Economy / South Africa
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Tainted Risk Profile
June 2008 | Ratings UpdateSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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On the back of the recent outbreak of violence against foreigners, rising instability in Zimbabwe, and further political divisions within the African National Congress (ANC), South Africa's political risk profile deteriorated significantly in Q208, and we believe that the threats to political stability and policy continuity will remain considerable over the coming years. We have decreased South Africa's short-term political risk rating score to 62.5 from 72.1 at the end of Q108. In fact, three months ago we warned that a deterioration in the political and economic climate could take the score to as low as 62.1 over the course