PHILIPPE BURGER: SA needs a green, urban-driven investment strategy to realise growth
24 June 2020 - 14:18
Even before Covid-19, the SA economy found itself in recession, with the official unemployment rate exceeding 29% and economic growth all but disappearing. Then the pandemic hit, probably shrinking the size of the economy by more than 5% and pushing unemployment up yet further.
South Africans and foreign investors alike might therefore be excused for holding a junk-status view of SA as a country of dilapidated infrastructure; an insolvent state with state-owned entities and junk credit ratings; and now, to top it off, the economic impact of Covid-19...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.