South Africa kisses R4.5 trillion goodbye

BusinessTech

South Africa’s economy is 37% smaller due to slow growth and government corruption, costing at least R500 billion. Investec report shows if the country had sustained 4.5% annual growth since 2010, GDP would be almost R12 trillion, not R7.5 trillion. Factors like power outages, crime, and infrastructure issues led to average growth of 1% over the past 15 years.
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Daily Dive
Daily Dive
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