South Africa Stands on Verge of Massive Domestic Crisis

... opposed to privatizing Eskom and other state corporations. Additionally, they are fundamentally opposed to bringing private businesses into the power generating industry, since such a move may result in competition and lower wages that are far higher in South Africa than in countries with comparable GDP despite its 45% unemployment rate, which is an abnormal combination. Today, the ANC is facing a choice: either in-depth structural reforms that are unpopular, or stagnation and possible collapse. The party arrives at this choice in a state of internal crisis. The ANC’s ...