Structural reform that removes the key impediments to business expansion is essential to shift SA onto a faster growth path. Progress is tangible but it will take a few years to shift the dial on growth.
An upbeat progress report by President Cyril Ramaphosa’s reform implementation arm, Operation Vulindlela, maintains that reform momentum is building in SA and significant strides are being made in overcoming key obstacles to investment and growth.
Of the 26 reforms identified by Operation Vulindlela since the task team’s inception in October 2020, eight have been completed — just 30%. But if the 11 multiyear reforms that are progressing as planned are included, the score rises to 73%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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