Background

South Africa faces significant challenges that have led to speculation about its long-term stability:

• Property rights: There have been recent reforms to accelerate their land redistribution programs. https://theconversation.com/land-seizure-and-south-africas-new-expropriation-law-scholar-weighs-up-the-act-244697

• Economic Struggles: The country is experiencing weak economic growth (projected below 2% for the coming years), high debt levels (expected to reach 77.7% of GDP by 2025/26), and persistent fiscal deficits.

• Infrastructure Crisis: Ongoing electricity shortages (load shedding) and logistical difficulties continue to hamper economic activity and daily life.

• Social Challenges: South Africa has one of the world's highest unemployment rates (over 30%), extreme inequality, high crime rates, and widespread corruption.

• Political Uncertainty: The 2024 elections have resulted in a coalition government, introducing new political dynamics that could either stabilize or further destabilize the country.

Resolution Criteria

This market will resolve to the answer that most accurately reflects when South Africa experiences a "collapse." For the purpose of this market, a "collapse" is defined as at least one of the following:

1. A complete breakdown of central government authority and functionality

2. A severe economic collapse involving currency failure, hyperinflation (>50% monthly inflation), or sovereign default without immediate restructuring

3. Widespread civil unrest or conflict that renders the government unable to maintain basic services in most major cities

4. A formal dissolution of the Republic of South Africa as currently constituted

The market will resolve based on credible news sources and international recognition of such events. If multiple criteria are met at different times, the earliest occurrence will determine resolution.