BUSI MAVUSO: Structural change a necessity after second-quarter contraction
Electricity shake-up needed urgently, but there are other barriers to growth in SA
07 September 2020 - 17:15
The weight of the challenge we face in getting the SA economy back to a more stable and secure path is best reflected by the expected GDP quarter-on-quarter contraction from April to June of 49%, according to Bloomberg consensus forecasts of 11 economists.
The official figure will be announced on Tuesday and we hope this proves sobering for policymakers. We hope they refocus their energies on undertaking structural reforms in electricity, labour regulations and spectrum allocation...
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.