South Africans are facing a time of doubt and difficulty, according to the Institute for Justice and Reconciliation.
At the moment there is a sense of economic vulnerability and political uncertainty.— Jan Hofmeyr, Head Of Department for Policy and Analysis at IJR
The institute released its People's State of the Nation Assessment report, polling public opinion on the state of South Africa.
IJR's Head Of Department for Policy and Analysis Jan Hofmeyr says poverty, inequality and unemployment are the biggest contributing factors to economic vulnerability.
Hofmeyr says while unemployment reaches an all-time high, the cost of living also continues to rise.
Unemployment has reached its highest levels in about 13 years. The official unemployment rate is about 27%. We have an inflation rate that is above the Reserve Bank's inflation target.— Jan Hofmeyr, Head Of Department for Policy and Analysis at IJR
Amid all this pressure, political leadership has been called into question over the past year and the political elite fail to offer citizens reprieve.
Take a listen on the IJR's outlook:
This article first appeared on CapeTalk : SA faces economic vulnerability and political uncertainty - IJR