Power problem holds SA back from high growth
Business Day LIVE
23 April 2013
IN EXASPERATION, the question I have often asked myself and anyone in a position to give some sort of answer is: can South Africa even dream of reaching growth rates above 7%? It’s only around these growth rates that we are told the economy can start creating enough jobs to alleviate the unemployment crisis.
Looking at the negative headlines about the domestic economy, it seems near impossible for Africa’s biggest economy to come close to the growth rates of rival emerging markets such as China. Read more
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