Shawn Hagedom

You won’t catch "Dutch Disease" at a braai — but South Africa is suffering from the malady, or a variant of it. It is most acute in tourist areas, and the antidote is mistakenly believed to reside in the Reserve Bank building in Pretoria. The term refers to a windfall of new wealth that has negative longer-term consequences. And the "wealth effect" is bad news for South Africa.