New research from think tank Eunomix Business & Economics found that South Africa endured one of the worst declines over the past 12 years for a country not at war.
The country’s performance on a range of social, economic, and governance measures deteriorated more than any other nation not involved in an international or civil conflict, it said.
An index of security, governance, prosperity, and welfare indicators showed South Africa slumped to 88th out of 178 nations last year from 31st in 2006.
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The Johannesburg-based advisory company said the decline is likely to continue as South Africa is grappling with the consequences of nine years of worsening corruption and policy paralysis under former President Jacob Zuma.
The fragility of the economy may also limit the tenure of his successor, Cyril Ramaphosa, who faces his first national election May 8, Eunomix said. (RT)
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