South Africa Economy

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Stoking job creation in any country is a tricky thing, and South Africa is no exception, as the government faces an uphill battle in transforming what 20 years ago was a lopsided, closed and exclusionary system into an inclusive economy. The task is daunting. Unemployment ticked up to 25.5% at the end of the first half of 2014, and youth unemployment is estimated to be double...

What benefits could be achieved through the implementation of a national minimum wage?

How will the Promotion and Protection of Investment Bill impact foreign direct investment (FDI)?

As with many emerging markets, small and mediumsized enterprises (SMEs) make up a large proportion of South Africa’s private sector. According to the government’s economic blueprint, the National Development Plan, 90% of planned new jobs will be created by SMEs by 2030. To enable this, the government has rolled out a new department charged with aiding SME activity, the...

The South African economy grappled with headwinds in early 2014, although it did avoid a recession in the second quarter of the year. The country’s long-term fundamentals remain fairly attractive, but the new cabinet still faced a tricky job of stimulating growth over the remainder of the year. The economy grew 0.6% in the second quarter of 2014, after shrinking by an...

How can be revenues be enhanced with fiscal tools?

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