South Africa Election


  • South Africa’s May 29 election features a record 31 parties, with nearly 28 million registered voters and 15,000 candidates wying for 887 seats. The ruling ANC is expected to fall short of 50% support due to socio-economic issues, despite President Ramaphosa’s popularity.

  • The opposition has united under the Multi-Party Chartor, led by the Democratic Alliance (DA), which promotes free market reforms, The ANC also faces competition from the Economic Freedom Fighters (EFF), advocating nationalization and land redistribution, and the newty formed leftist uMkhonto we Sizwe (MK) led by Jacob Zuma, who is barred from running.

  • Economic challenges include low GDP growth, high unemployment, and infrastructure problems. The SARB projects slight economic improvement, but analysts predict continued struggles due to weak consumer spending and power shortages. Inflation remains above target, affecting consumer demand.

  • The economy has suttered from six major shocks, including the pandemic, war in Ukraine, civil unrest, and local crises like flooding and power shortages. Crime costs the economy significantly, with corruption and unemployment being major voter concerns.

  • The election could result in the ANC losing its majority for the first time, potentially leading to a coalition government. Investors prefer a coalition with the DA for economic stability, while an ANC-EFF alliance could cause market instability and investor flight.

The Covid-19 Induced Global Chip Shortage

When Covid-19 hit the world in early 2020, a pall of gloom hung over the global economy and uncertainty ruled the day. The future was pretty much unchartered and countries and companies around the globe started swinging in the dark. The current chip shortage is the result of the unexpected ways in which the global industries’ demand has played out for the chips.

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