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The Institute of Race Relations (IRR) has launched a campaign to warn South Africans about the risks to their pensions, and to take a stand in urging the government to concentrate on growing the economy instead.
“Pivotal uncertainties relating to the future of the South African economy hinge on the integrity and trust in institutions and our ability to develop appropriate skill levels”, says Prof André Roux, economist and head of the Futures Studies programmes at the University of Stellenbosch Business School (USB).
The world, including investors, will keep a close eye on the various national elections to be held in Africa this year. The lead up and aftermath of national polls usually comes with uncertainty, something which investors tend to avoid if possible.
2018 proved that given the right conditions, the South African economy can be extremely fragile. Improving this has been one of the key ambitions of President Cyril Ramaphosa since he has taken power.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?