Global And Regional Risks Causing Uncertainty in South Africa

Exploring factors causing uncertainty in the global and regional sphere of economics, this paper identifies global, regional and local risk factors causing potential contemporaneous negative economic effects for South Africa. This poses serious challenges and threats to a country that cannot afford any further deterioration on the economic front. South Africa desperately needs stability, economic confidence and allies that can sup-port it in its attempt to address numerous economic obstacles. Heightened levels of uncertainty add to more pressure to address these obstacles. A combination of negative factors occurring at the same time, aiming towards a “perfect storm†, something that a relatively small, middle-income country with countless challenges and an open economy can ill afford. It might be smart to start blending its collective wisdom in an effort of making superior decisions to save this country from its current weak economic trajectory, job losses and poverty levels.