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Johannesburg skyline. (Photo by Brooks Kraft LLC/S The commitment of the Ramaphosa government to reignite growth through structural reform is coming more and more into focus, says JP Landman.  South Africa has now been in a "demographic recession" for six years because the population grew faster than the economy. Our population growth is 1.6% pa (allowing for one immigrant every 2.5 minutes). Since 2015, economic growth has not kept pace with that number. The latest figures from the South African Reserve Bank show that by the end of 2020, per capita incomes were 11% lower in constant terms ...

29 April 2021 South Africa has now been in a ‘demographic recession’ for six years because the population grew faster than the economy. Our population growth is 1,6% pa (allowing for one immigrant every 2,5 minutes). Since 2015, economic growth has not kept pace with that number. The latest figures from the South African Reserve Bank show that by the end of 2020, per capita incomes were 11% lower in constant terms than at the end of 2014 – a six-year lag.   At this stage economists expect growth of around 3,5% for 2021, more than double population growth of 1,6%.  (This is provided th...

Structural Reform: Slow but Steady Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options. With... Clear Search Sponsored by Sponsored by South Africa has now been in a ‘demographic recession’ for six years because the population grew faster than the economy. Our population growth is 1,6% pa (allowing for one immigrant every 2,5 minutes). Since 2015, economic...