Finweek - English

Zuma’s sentence: too small a step

the 29 June Constitutional Court ruling that former president Jacob Zuma must serve 15 months in prison for failing to appear before the Zondo commission is unlikely to provide an impetus for improved investor sentiment. The judgement represents one small step up a mountain of corruption and malfeasance and is unlikely to change sentiment about investment in a country which has a junk credit rating, mushrooming debt, failing public institutions and no security of supply of basic services such as electricity and water, investment industry sources say.

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