We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

While the government has ramped up efforts to improve governance, SA faces reform implementation headwinds, says a delegation from the International Monetary Fund (IMF). In a concluding statement released on Monday, which describes the preliminary findings of IMF staff at the end of a visit to SA, the fund said: “Some of the initial optimism has dissipated as growth remains stuck in low gear and reform implementation has faced constraints. “This is therefore a critical time to implement stalled reforms to restore confidence, attract investment, support growth, and rebuild buffers to deal with a challenging environment.” Reforms the IMF calls for include addressing remaining governance issues and improving the business models of state-owned entities (SOEs), revisiting labour market practices to create more jobs, promoting competition in all sectors of the economy to boost business opportunities and reducing uncertainty by clarifying some recent policy proposals, particularly on land ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.