Lagging investment in SA puts brakes on economic recovery
Most economists agree that for SA to make headway in addressing unemployment, fixed investment has to expand
SA may be seeing a steady economic recovery after the worst ravages of Covid-19, but investment, a crucial ingredient in the battle to create jobs, is lagging far behind.
Not even a substantial GDP rebasing, which revealed that the economy was 11% larger that previously thought, has managed to put a shine on SA’s investment levels. ..