SA economy at tipping point, making structural reforms critical

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Chief economist at the Old Mutual Investment Group Johann Els. Picture: Supplied
Chief economist at the Old Mutual Investment Group Johann Els. Picture: Supplied

BUSINESS

Analysts, the business community and economists have been pleading for urgent structural reforms for more than two years, but little to nothing has come of it, says Johann Els, chief economist at the Old Mutual Investment Group.

“The message of structural reform was raised by then finance minister Pravin Gordhan in 2017. It was repeated during every state of the nation address and at every budget,” he said.

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