When Nelson Mandela came to power in 1994, he faced the challenge of uniting a nation divided by apartheid and healing an economy shattered by sanctions and mismanagement.
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18 Oct 2019 - David Ansara, COO of the Centre For Risk Analysis, joined Aldrin Sampear of Power FM and Dr Leroy Repatsoae, Chief Economist at Productivity SA, to discuss productivity levels in the SA workplace.
He listed and deeply analysed the following issues: low economic growth; hostile broader economic policy framework; poor education; low skill level, and labour policy as key drivers of unemployment.
Twenty-five years after the African National Congress ended apartheid, it faces being brought down by an increasingly young and urbanized electorate.
South Africa is in the grip of an unemployment crisis. The latest unemployment figures from Statistics South Africa show that the official unemployment rate has increased to 29% in 2Q 2019 (a QOQ rise of 1.4% from 27.6% in 1Q 2019).
“The wrestling match over the ANC tiller is now essentially between a hard-left faction and aggressive racial nationalist faction all under the supervision of a captain who cannot break the deadlock or inspire a third way,” the Johannesburg-based Centre for Risk Analysis said in a report it gives to clients. Ramaphosa “believes, fatally in our view, that maintaining unity among the crew is a priority,” it said.
CRA Analyst, Hermann Pretorius, shares his thoughts on six scenarios for Brexit under new PM, Boris Johnson. This analysis was adapted from the CRA’s Strategic Intelligence Report which details trends and potential scenarios for the domestic and international political economy. This and other reports are available exclusively to CRA subscribers.
South Africa’s low levels of growth and investment are a consequence of an inhibiting policy environment, and it is up to President Cyril Ramaphosa to drive the reforms necessary to remove obstacles to growth, argues CRA COO, David Ansara.