Govt’s 9-point plan explained – Gugile Nkwinti, Politicsweb.co.za – Politics Web
Govt's 9-point plan explained – Gugile Nkwinti, Politicsweb.co.za – Politics Web
You will be aware that South Africa's biggest economic challenge is that our economy has not grown fast enough, for long enough. When we had growth of over 5% in the mid-2000s, it was driven by financial services and commodity exports. In addition to these structural challenges, South Africa, as a middle-income Developing Country, also faces a host of constraints to growth such as (i) electricity challenges; (ii) inadequate economic infrastructure in general; (iii) unwieldy regulatory processes which delay investment; and (iv) insufficient Government coordination, which contributes contributed to investor uncertainty.
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