What does the sacking

of Minister Nene mean?

the market has responded

Exchange rate

Bond markets

stock markets

The rand sees its largest

decline since September
11, falling to the lowest it
has ever been

Interest rates rising,

raising the cost of
borrowing for South
African entities

Companies dependent
on South African
growth see their share
prices fall

what does this mean for you?

income

expenses

low
income
There will be less
money for grants and
state services

Your food and transport

are going to cost more

services
The ability to fund state
services like basic
education and electricity
will decline, reducing
access for those who
need it most

middle
income
It will be harder to find
a job as there is less
money to build and
grow businesses

It will cost you more to

borrow money and you
will need to supplement
your income

The value of your

local investments is
destroyed

You will pay more tax

high
income

This infographic was created by the Young African Leadership Initiative Mbewu class, a collective that comprises professionals who are
leaders in their fields, spanning sectors of government, the financial sector, South African and international corporates and civil society.

There will be less

funds available
to invest into
infrastructure that
includes roads
and hospitals
Delivery of basic
services will
decline, meaning
less access
to services
like water and
sanitation, which
is likely to result
in more protests
and unrest