South Africa needs a strict growth mandate, not a dual mandate

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Currently, the expected rate of economic growth in 2021 and 2022 would not be sufficient to tangibly reduce the high unemployment rate of 34.4% (expanded rate unemployment rate at 44.4%). Photo: File
Currently, the expected rate of economic growth in 2021 and 2022 would not be sufficient to tangibly reduce the high unemployment rate of 34.4% (expanded rate unemployment rate at 44.4%). Photo: File

BUSINESS

This is according to KPMG, which this week released its global economic outlook, including in it detailed insights into obstacles and opportunities for countries across the globe.

READ: ‘Localisation will impede growth’

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