World Bank urges overhaul of market and governance hurdles in SA
The lender blames weak market competition and inefficient institutions for SA’s low growth and joblessness
20 February 2025 - 09:32
SA’s economy stands at a “decisive crossroads” and the country needs to beef up the efficiency of its institutions, a newly released World Bank report has said.
The overview of the report, titled “Driving Inclusive Growth in SA”, was released on Wednesday. It singled out weak market competition and inefficient institutions as the main culprits behind SA’s sluggish economic performance and stubbornly high unemployment rate...
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