SA on slippery slope towards failed state, barring urgent action - report

South Africa’s future hangs in the balance because of a vacuum of ethical and courageous leadership, coupled with stunted GDP growth, political uncertainty and fragile social cohesion. The Institute for Risk Management South Africa’s 2022 Risk Report highlights several pitfalls bedevilling the country and informing three possible scenarios likely to play out in coming years. These scenarios include the perpetual hangover; fake it until you make it or not, and owning our future. BizNews spoke to IRMSA’s chief risk advisor, Chris Palm, about the prevailing risks for the country, what pivotal shifts could remedy the situation, and whether or not he believes we’re a failed state already. Learn more about your ad choices. Visit megaphone.fm/adchoices