Newsmaker
How ideology and interest rates are hurting South Africa
If the GNU implements the kind of reforms that would boost the construction sector, job-creation numbers will soar, says economist Roelof Botha
23 June 2024 - 07:02
Economist Roelof Botha, author of the highly regarded Afrimat construction index, says the government of national unity (GNU) could turn around the ailing construction sector and triple economic growth if interest rates are slashed and ideological constraints on infrastructure delivery “put on the back-burner”.
“I would like to see first and foremost the influence of more common-sense economics, starting at National Treasury. They need to adopt a more Keynesian, growth-orientated approach, post haste.”..
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.