SA "softening" towards the West in difficult balancing act

Loading player...
Ronan Wordsworth of Geopolitical Futures - based in Prague in the Czech Republic - tells BizNews that while there's “this idea that perhaps South Africa had shifted quite far towards the Russian camp”, the African National Congress (ANC) has recently actually been “softening” towards the West, and is possibly bringing their stance back “more towards the middle ground”. He says if the ANC needs a coalition partner after next year’s general election, it would have to pick parties that would promote the growth of the South African economy, “which is desperately needed at the moment”. He explains why Kenya - as an African country - and India - despite being in BRICS - have managed to find a workable middle ground between East and West. And he points out that too much focus on Russia at the upcoming BRICS Summit in South Africa “will really upset the balance of South Africa's economy and trade and foreign policy interests compared to the other BRICS partners”. Learn more about your ad choices. Visit megaphone.fm/adchoices
8 Aug 2023 8AM English South Africa Investing · Business News

Other recent episodes

BNC#9 | Viljoen Q&A: The investment advice most fund managers won't give you

Piet Viljoen doesn't read the news, doesn't watch the Fed, and thinks most of what the investment industry sells you is jargon designed to make simple things sound complicated. In his Q&A at BNC#9, he went after executive pay, looked at private equity's real return profile, explained why he avoids…
9 Sep 10AM 32 min

Sam Montsi: Keep “crazy” people out of power!

In this interview with Chris Steyn, business icon and author Sam Montsi, gives his take on revelations at the Madlanga Commission of Inquiry, as well as the worldwide impact of US President Donald Trump’s actions. On political and police capture by crime cartels, he says: “It's frightening what has happened…
9 Sep 5AM 17 min