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Today’s R&D provides resources on the South African economy. Like other BRICS nations, South Africa’s economy is underperforming, registering an average of 1.8% GDP growth since 2008. The economy contracted 1.3% in the second quarter of this year and demands for employment are pushing the African National Congress (ANC) in a more leftist direction. Critics of the ANC government say that it needs to bolster infrastructure spending and warn that solutions that call for nationalizing properties could prove counterproductive.
South Africa has more than 700 state-owned firms. They are dragging down the wider economy http://t.co/mcUXg4Fc1K pic.twitter.com/2Vk2zIazkZ
— The Economist (@TheEconomist) August 31, 2015
These five priorities could help stabilize South Africa’s economy. http://t.co/y1VsSxSetZ pic.twitter.com/asrMXhLWoB
— Ventures Africa (@VenturesAfrica) September 7, 2015
5 sectors that could help stabilise #SouthAfrica‘s economy http://t.co/Ts8UejtTn2 #economics pic.twitter.com/6CSuR4mZM4
— World Economic Forum (@wef) September 4, 2015
South Africa’s circular economy could be lifeline for its 25% unemployed http://t.co/BWanUSkwjy
— Francesca Fernandez (@frncscafrnandz) August 28, 2015
South Africa needs to seriously fix its education system to develop a knowledge economy via memeburn http://t.co/P6GvlxNY7k
— memeburn (@memeburn) September 1, 2015
#SAcorrupt, South Africa in crisis as economy contracts and rand plummets, http://t.co/blSDjV2BBE
— Corrupt South Africa (@SAcorrupt) August 31, 2015
South Africa’s new visa rules are “an economic catastrophe.” http://t.co/56W5NMjwhj pic.twitter.com/GIbtkyfTRZ
— The Economist (@TheEconomist) September 5, 2015
South Africa’s economy contracts, weakens case for rate hikes and likely to further weaken the Rand http://t.co/AkY4vk63ur
— ToxiNews (@toxinews) August 27, 2015
Rand Dive Gives South Africa’s Power-Starved Economy No Respite http://t.co/y3x1yJHbPr
— Bloomberg Africa (@BBGAfrica) August 26, 2015
Mandela led South Africa out of isolation. Is it going back? http://t.co/oVmk8T9Tlj pic.twitter.com/6LBoAnqapU
— The Economist (@TheEconomist) September 6, 2015