OECD check-up shows SA’s not well

The Organisation for Economic Co-operation and Development (OECD) this week released its 2017 economic survey on South Africa, which includes data comparing us with other emerging markets.

It found that slow growth — which is likely to continue — and high unemployment will weigh on social progress and cohesion.

Growth has disappointed in the past few years. Weak consumer demand, persistently falling business investment, policy uncertainty and the prolonged drought weighed on activity…..more

Although power production has improved, important bottlenecks remain in infrastructure and costs of services, which increase the cost of inputs for firms.

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