During the past year+ the undercurrents were the following.
Mining prices for gold other metals more or less fell and stabilized.
Power/Strikes in SA reduced output more or less.
Rand lost about -17% against the dollar .115 to .096 about.
Two very bad currents. The power dynamic needs to splinter ergo if there were more parties with none dominant there could be some reform pushed through.
Due to the amount of BEE and other laws and crap in general the amount of consolidation top vs middle vs bottom has been probably growing. Ergo more uneven society. I think corporate control has been leveraged quiet a lot especially if you take into account the amount of capital extraction done due to BEE and other things that tried to "redistribute" capital. Ergo there is a higher dependency on capital now then there was and it will not stand for "sharing". All of this BEE stuff will go away along with political slogans and other things that ostrasize investment, otherwise there will be none and there is a desperate need because of all the prior outflows that compounded with people leaving as well.