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(Bloomberg) -- South Africa is on the verge of an economic turnaround after years of stagnation. This week’s election puts that at risk.Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightFed’s Favorite Underlying Inflation Gauge Is Seen CoolingIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtChina’s Housing Rescue Has a Poor Track Record in Pilot CitiesXi’s China EV Dream Came True. 10 Years On, Walls Are Going UpOpinion polls show the African Nation

South Africa is on the verge of an economic turnaround after years of stagnation. This week’s election puts that at risk. Opinion polls show the African National Congress (ANC) is in danger of losing its national majority on Wednesday for the first time since Nelson Mandela led it to power in 1994, ending White-minority rule.

This after Stats SA announced on Tuesday that economic activity declined by 0.2% in the three months through September.

Kevin Lings provides a review of Enoch Godongwana's Medium Term Budget Policy Statement, citing a mounting debt crisis as a cause for concern.

One problem with South Africa's trillions of rand's worth of debt is that the money has not been invested well, remarks economist Kevin Lings.