Deterioration of SA’s economic prospects raises fundamental questions
While global growth’s current sluggishness is not ideal for South African economic prospects, there are more concerning local factors to consider here at home. This is according to Old Mutual Investment Group Chief Economist, Rian le Roux, who says that issues such as electricity shortages, SA’s worsening competitiveness, labour troubles and the poor relationship between government, business and labour are holding back the country’s chances of structural reform.