South-African President PW Botha during his last election-speech in May 1987. He led white minority rule between 1978 and 1989, nearly bringing the country's economy to its knees in 1985. EPACurrent developments in South Africa are reminiscent of events in 1985. In that year South Africa experienced high costs from currency depreciation and adverse political developments. At … [Read more...] about South Africa is on a cliff edge – just as it was in 1985 | The Conversation