Political economy advisory

Analysing the interplay between politics, policy and finance to enable informed business decisions

We go beyond traditional analysis of singular developments and events and provide clients with strategic foresight into the broader picture of complex but interrelated developments. We blend our expertise in policy, politics, macroeconomics and foreign policy to deliver synthesised foresight to help clients with their planning.

The Krutham approach

We blend our expertise with unparalleled reach into central actors and institutions in the political economy
to provide sound advice.

Reform policy

We help clients understand complex regulatory developments and the risks and opportunities they present. This includes broader ongoing structural reforms and a specific focus on SOEs.

Politics

We provide clients “beyond the headlines” insights into South African politics, whose importance has been augmented by the steady growth of coalitions across the three spheres of government.

Foreign policy

Navigating the changing nature of international relations, our analysis helps clients understand the impact of foreign policies on trade and investment.

Proven results

Krutham
Election Conversations

A webinar series which delved into several aspects of the 2024 national and provincial elections with some of South Africa’s foremost political analysts as guests.

Legislation update

A bi-annual, in-depth report including an updated list of bills in parliament, tracking the status of each.

US-South Africa relations

A multi-form coverage of different facets of South Africa’s relations with the US, with a key focus on trade and investment.

Comprehensive capabilities

Coalitions

We monitor coalitions in all spheres of government, which enables us not only to advise on the national coalition but also on different localities where clients may have operations and exposure.

Geopolitics

We track developments at bilateral and multilateral levels, with a particular focus on South Africa, and their implications especially for trade and investment opportunities and risks.

Reform

Our focus on structural reforms helps clients understand the specific implications of reforms
as well as their broader economic potential.

Thought leadership

“Bankability of metros themselves and their projects (particularly infrastructure) remains a challenge, and the entrenchment of coalitions does not provide reason for optimism given the instability that metros have experienced as a result. However, the local government OV reforms may enhance the ability of metros to secure credit and insulate the administrative side from potential political instability through ringfencing.”

From Metro update August 2025