Despite SA’s red tape, corruption and lack of skills, hope prevails
The establishment of a secure investment arena must be top of mind for SA — and deciding which SOEs can stay and which should go
30 May 2021 - 08:59
A decade of state capture, a period in which systemic corruption flourished both inside and outside state institutions, has damaged SA. Credible action to deal decisively with corruption and associated institutional weakness is paramount to revitalising the country’s troubled economy.
The impact of reputational harm, investor uncertainty and the absence of opportunities during the “lost decade” have hit SA hard. Economic growth is limping along at a rate insufficient to create sustainable jobs. As a result, inequality is on the rise and fiscal instability is now a real concern...
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