Briefing | South Africa: The ANC Transition and its Investment Implications

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  • London
  • Briefing
  • 12th December 2017 08:30 to 12th December 2017 10:00
  • Share event
  • 08:30 to 10:00 BST

Risk Advisory is hosting a briefing on Tuesday 12 December at our London offices. A podcast, less the discussion will be made available to those unable to attend.

South Africa's ruling African National Congress will hold its national elective conference in Johannesburg from 16 to 20 December, an event that will see it elect a new party president who – almost certainly – will be elected South Africa's national president in 2019. The contest is perhaps the most important for both the ANC and the country as a whole since the ANC was unbanned in 1990.

Under President Jacob Zuma, the ANC has seen its long-firm grip on power weaken amidst mounting corruption allegations against him. This rise in corruption has given pause to international investors, already wary of South Africa for its slow growth and structural economic challenges. A new ANC leader – most likely to be national vice president Cyril Ramaphosa or longtime foreign minister (and Zuma's ex-wife) Nkosazana Dlamini-Zuma – will face an uphill struggle to reignite support for the party domestically, fight corruption and revitalise South Africa's tarnished image for investors.

Risk Advisory's Head of Africa Business Intelligence, John Siko, will speak about the economic challenges a new ANC leader will face, the prospects for reform under the leading candidates and some insights on how the conference may unfold. John is a former US diplomat who spent five years in South Africa and has written a book on South Africa foreign policy making who has unique insights on the leading candidates.

Breakfast Briefing
Date: Tuesday 12 December 2017
Venue: The Risk Advisory Group, 3 More London Riverside, London, SE1 2AQ
Time: 08:30 – 10:00 (GMT)

 

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