Crafting a pro-growth budget for SA
Mar 26, 2021
2 minutes
By Dr Sifiso Ntombela.
According to Statistics South Africa, the country’s economy contracted by 7% in 2020. This poor performance pushed the total number of unemployed people in South Africa to 7,2 million.
It is tempting to attribute all of the country’s economic misfortunes to the COVID-19 pandemic and its related lockdown; however, the GDP per capita, which now measures less than R50 000 per person (constant 2010
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