# Where is South Africa going and what does it mean for markets? | CNBC Africa

> CNBC Africa analysis argues South Africa's situation is a lasting shift rather than a brief sentiment shock, citing low growth, rising inequality and eroding institutions. The piece says the President broke no law, but the reshuffle raises credit and policy risks.

- Date: 2017-04-12 · published 2017-04-12T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/71798-where-is-south-africa-going-and-what-does-it-mean-for-markets-cnbc-africa
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Persistent political and credit risk points to a longer period of rand weakness and higher borrowing costs. That raises the cost of imported feed inputs over time.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- cnbcafrica.com: https://www.cnbcafrica.com/2017/south-africa-going-mean-markets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.