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Significance

South Africa’s stance on the war in Ukraine reflects deeper tensions within the ruling ANC party and government over the country’s national interests.

Impacts

South Africa may face growing European and US pressure to adopt a clearer position against Russia.

Recent flooding in Kwa-Zulu Natal province will slow down short-term economic growth.

High commodity prices will provide short-term benefits by supporting the currency and easing the deficit through expanded tax revenue.

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