External shocks, internal failures: ‘Parasitic state’ will use war as excuse

As the Iran conflict threatens to derail South Africa’s optimistic budget assumptions, the country’s “parasitic state” will once again finds a convenient external excuse for SA’s internal failures, writes Tony Leon. South Africa, along with the world, now confronts a vastly reshaped and malign economic outlook, untethered to previous assumptions etched as recently as the benign [...]