South Africa is often described as “the rainbow nation” post the 1994 momentous change to true democracy. This marked a whole new era for South Africa to now builds true identity, and claim its rightful place in the world.As part of this change, the country was also thrown into the whirlpool of international turbulence with the concomitant Volatility,Uncertainty,Chaos and Ambiguity ( VUCA ) .There can be fewer markets in the world where the Leadership Challenge has been so great! So in this landscape what is the DNA of the South African Leader ? How successful are South African Leaders in effectively managing through the quagmire of political dynamism ,cultural diversity and business turbulence ……
We are just finishing week 21 of our calendar year , and here is a concise summary of the VUCA week for the South African Leader .
S&P global ratings keeps its position on SA unchanged at junk status⌛; Eskom boss Phakamani Hadebe steps down rather abruptly🤔; public protector finds Pravin Gordhan guilty of improper conduct, Gordhan immediately takes decision on review⚖; Old mutual suspend Peter Moyo as CEO over conflict of interest😳; SARB keeps repo rate unchanged at 6.75%, however points to rate decrease later the year👀👏🏻; inquiry hears Transnet fleet now worse off than before Billion Rand acquisitions😡🚂; shamila Batoyi confirms state of NPA was worse than she could ever have imagined, warns everyone from president down, “if there is evidence, you will be prosecuted” – a new sheriff in town🥳🤞🎊; Eskom keeps investors in dark as debt speculation mounts💰💣; Nigeria keen to join Africa free trade zone🥑🍏💸; April CPI moderates to 4.4%📊; ex-PIC execs reported to hawks over perceived bribery demand⛓🤘; SARB governor adamant SA banks could handle potential Eskom default😬🧨💰; vodacom & safaricom plan $13 million M-Pesa deal📲; those involved in State Capture to face full might of NPA says cronje⚖👏🏻; SA express to lay charges against former execs💪; public protector receives another drubbing by high court decision that vrede dairy report is unconstitutional😤👀👌🏽; ANC announces presiding officers in parliament, CR elected President🥳; Nomvula Mokonyane withdraws as ANC MP, David Mabuza declines being sworn in – 1st signs of CR’s power 🙏🤞; retail sector barely budged in March📈; internationally, Theresa May tearfully throws in the towel, announces resignation, UK politics in tatter🇬🇧☄; Iran says no talks with US under any circumstances💣🧨; IMF confirms US tariffs hurting the US, contradicts Trump📉💰💸; US FED says economic risks have receded yet still very present🏦; angry Trump blasts Pelosi over accusations of a “cover up”🤡; Narendra Modi scores landslide victory in Indian election, vows to build an inclusive India 🇮🇳; US charges Wikileaks founder Julian Assange with espionage⚖; china urges US to return to negotiating table as Xi warns to prepare for tough times🇺🇸🇨🇳; US judge swats aside Trump, sides with Congress & orders Trump financial records released🎉💸🙏; North Korea warns US over seized ship, tensions mount on peninsula🚀; EU pilots demand serious action before Boeing planes return✈; Harvey Weinstein reaches $44 million deal with alleged victims & creditors💸📽⚖; indices, JSE@54423⬇; DOW@25585⬇; FTSE@7277⬇; R/$14.41; R/£18.33; R/€16.15; Bitcoin $8073; sporting front, Proteas thrash Sri Lanka to boost World Cup morale🏏; caster semenya to return to track in 2000 m race in Paris suburbs 🏃♀; R1 million up for grabs for breaking comrades up-run record 🏃 ( With special thanks to Dan Thomalla )
How well is the South African Leader doing in managing through these VUCA challenges ?