South Africa: The Economic Challenge (BBC)
South Africa’s new president, Cyril Ramaphosa, will have a daunting in-tray, including a formidable economic agenda to tackle.
Growth under Jacob Zuma’s leadership has been weak and unemployment is painfully high.
It is one of the most unequal countries on the planet – the legacy of apartheid is still evident.
And businesses face many barriers that make it harder to contribute to addressing these problems.
Here are some figures to set out the challenge.
- Brazil and South Africa: Two Continental Giants with Feet of Clay (PGIM Fixed Income)
- How Big is Africa’s Car Market? (African Executive)
- Ramaphosa Takes Tax Gamble as South Africa Targets Debt (Bloomberg)
- China Still Leads the BRICs in the Global Competitiveness Report
- South Africa Mining Sector Faces Unrest and Other Woes (BusinessReport)
- South African Pension Funds Cushion the Blow of Downgrades (BusinessReport)
- South Africa Sees Fresh Start for Economy, With the Same Challenges (NYT)
- South Africa’s Economic and Potential Downgrade Woes (Bloomberg)
- Fitch Leaves South Africa Hanging Over the Precipice (Business Report)
- At 34.4%, South Africa Officially Has the Highest Unemployment Rate in the World (BusinessReport)
- Jacob Zuma Wages War on South Africa’s Institutions (FT)
- South Africa’s Key Economic Sectors (Brand South Africa)
- ECB Rate Cut Will Likely Send Return Hungry Investors to South Africa (BusinessDay)
- South Africa Falls to #56 in the Global Competitiveness Report
- Transnet Freight Rail’s Poor Performance Deals Multi-billion Blow to SA Economy (Business Report)