When the cabinet meets this week it will in all likelihood do so against a background of news of a second quarter of positive economic growth. This means SA escaped the technical definition of a recession, defined as two consecutive quarters of contraction.

But a positive second quarter should not prompt complacency in anyone, let alone policymakers, who need to ensure that over the next 10 years the ground is laid for a secure and certain policy path that can attract the sort of investments the country so desperately needs. ..

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 exclusive Financial Times articles, 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