Watching South Africa turn into Zimbabwe is sad. However, it is self inflected by the South African people. Zuma seems to be on his way out.
Their central bank and government officials seem hell bent on destroying the currency and economy. In this respect, they are no different than all the other countries. The ANC seems smart enough not to nationalize the mining industry. This is a good thing.
The EFF is a small political movement in favor of nationalizing mining. In times of crisis, political movements can become majorities very quickly. South Africa becomes more political unstable each day. Buying platinum is like buying a put option that never expires on the stupidity of SA’s government.