The evidence shows that political risk in South Africa has increased markedly in certain areas over the past two decades.
Articles on South Africa's democracy
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The ANC did not create most of the patterns for which it is blamed. But it has done far too little to change them and often seems happy simply to live with them.
After 1994 efforts were made to embed democracy. The focus was on policy and institution-building. What was missing was ensuring all South Africans were on board.
