VisibleHand — South Africa (ZA) — Country Risk Detail
◂ All countries  ·  South Africa (ZA) 2026-06-29  ·  confidence 73%
Composite Risk
62.3 [57.8–66.8]
HIGH

Economic risk 70/100 (weight 45%, confidence 88%). Political risk 49/100 from 3 events (weight 25%). Central-bank language hawkish -> 61/100 (weight 20%). Governance risk 63/100 (weight 10%).

Sub-Scores
Economic70.2 / 100
Political48.7 / 100
NLP (central bank)61.0 / 100
Governance62.9 / 100
Top Risk Drivers
low fx reserves deterioratingelevated bank npls deterioratinglow fiscal capacity deterioratingweak ti cpiweak wjp rule of law
Central Bank Signal (South African Reserve Bank)
Sentiment61/100 · NEUTRAL
Date2026-06-04

“The Monetary Policy Committee decided to keep the repo rate unchanged at 8.25%. The risks to the inflation outlook are assessed to be on the upside. Electricity supply constraints continue to weigh on economic growth. Load shedding has caus…”

Score History (3 readings)