The politi cs
When compared to the political climate of the early 2000s, the current political landscape is far less predictable. Ballim says that 15 years ago SA offered a higher degree of stability, the policy foundations were well-established and consistency became the hallmark of policy, with less factionalism at the surface.
“Today, we would suggest t hat we’ve shifted to an environment where factionalism, a lack of predictability, policy consistency and policy cohesion are at a shallower level than yesteryear. The political climate does feature slightly more elevated than 10 years ago, or eight years ago, in terms of shaping the overall investment climate,” he says.
Bal l i m s ay s t he ANC, which traditionally attached a lot of gravitas to the strength of its leadership, can no longer make such claims, which could affect the geopolitical environment in the next two years.
“We know, for example, in 2014 that opposition parties, especially in the form of the EFF, at times coupled with the DA, were able to seize the front foot in Parliament. Famously, the president was unable to participate, or reluctant to participate, in all four Q& A sessions of last year. In 2015, by virtue of parliamentary rules and also constitution,