Real growth and jobs can be achieved when things are done ‘differently’
THIS is a difficult time for the South African economy. Zero growth is forecast for this year, according to the latest outlook from the Reserve Bank and the International Monetary Fund. Nationally, the unemployment rate has increased from 25% to 26.6% year-on-year. (Statistics SA)State resources are being lost through corruption and poor leadership. The auditor-general cannot account for between R25bn and R30bn each year. Our most high-potential sectors are being crippled by red tape and poor leadership.The visa regulations delivered a massive blow to the tourism sector in the form of lost bookings. They were also a blow to the brand of SA. We are becoming known as a difficult place to visit, especially in lucrative niches such as family tourism. In 2015, tourism figures declined for the first time since 1994.Agriculture, a major employer in our rural areas, is struggling to transform. I’ve visited black farmers who have been set up to fail, receiving no support from national author...
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