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.
According to the 2019 Socio-Economic Survey published by the Centre for Risk Analysis, a policy research institute, the number of regular houses in SA has increased by a quarter since 1996. The number of people with access to electricity went up by 61%, and access to flushing toilets rose 30%.
Fixing Eskom requires a better mix of energy sources including nuclear, a lower wage bill, appointing staff on merit and more autonomy for the board.
18 February 2018 - Here’s a brilliant assessment of the state of South Africa by one of the country’s foremost analysts. Frans Cronje is the CEO of the respected Institute of Race Relations, which since its formation in 1929 has been acknowledged as the country’s leading political and economic think tank.
7 February 2018 - If South Africa’s ever-increasing demands born of post-1994 successes are not met, the ruling ANC may soon find itself in the same trouble it was in just a few weeks ago – and for the same reasons.
“President Jacob Zuma has a constitutional obligation to take effective action against corruption. This includes the corruption which appears to have accompanied the 1999 arms deal,” says the South African Institute of Race Relations (the Institute), which has been admitted as an amicus curiae (friend of the court) in a case before the Constitutional Court today.
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