Africa

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South Africa’s preventable, lamentable deterioration is pushing investors to the UK

It is no surprise that South African investment into the UK has recently become a gushing torrent, writes Deirdre Hipwell, retail and M&A correspondent at The Times


As a born and bred Zimbabwean, I think the recent plunge in the value of the South African rand feels eerily similar to Zimbabwe in the late 1990s when things started to go downhill.

Until then, the situation in Zimbabwe had been mostly stable. The country was considered the “bread basket” of Africa, tourism was booming and the Zimbabwe dollar was relatively stable for a spell. Even Robert…

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