Opinion
Finance Minister Enoch Godongwana on Wednesday presented a R2.37 trillion government Budget against a backdrop of a consistently under-performing economy, characteristic of a country stuck at a low level equilibrium.
It is estimated, for instance, that the South African economy grew by a measly 0.6% in 2023, down from 1.9% in 2022. Since 2012, the country’s economic growth has averaged 0.8%.
The economic outlook is equally bleak. It is projected that over the next three years, economic growth in South Africa
