SPECIAL REPORT: SOUTH AFRICA’S WINTER OF DISCONTENT

   Tue, 13 July 2021

Riots in South Africa’s two most populous provinces risk spreading to other parts of the country as socio-economic discontent sets in, stirred on by recent political developments and an ongoing COVID-19 lockdown. Commercial assets, including retail, real estate, road haulage, and healthcare, are at highest risk of property destruction and theft, while food insecurity and fuel shortages pose a longer-term threat to the country’s stability. More mining operators and exporters may declare force majeure in coming weeks if a military deployment fails to curb the violence.

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