
Edelman Trust Barometer 2020: SA Govt least trusted, global capitalism under pressure
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For many WEF attendees, the most eagerly awaited event of the Davos week is the annual unveiling of the Edelman Trust Barometer, a 20 year old thermometer of how citizens in 28 countries perceive Governments, Business, the Media and NGOs. As in recent years, trust in institutions continues to decline and in some cases has reached crisis levels. Including in South Africa where the survey found Ramaphosa's Government is trusted by a mere 20%. But there's also good news. Stakeholder capitalism, which has been entrenched in Japan for a quarter century, is being embraced. And as the president of a trillion dollar multinational explained, although seemingly under siege right now, democratic societies will adjust to the new reality - as they have done during similar transformational periods in the past. - Alec Hogg