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Vuyokazi Bangazi.
Vuyokazi Bangazi.
EIE Group

The South African economy has been through more than its fair share of troubles in recent times, to the point where it would be perfectly reasonable to assume that most businesses invested here are looking for the nearest exit. 

Whether it is more than a decade of lacklustre growth and unemployment, lagging behind as the rest of the world recovers from a once-in-a-century pandemic, or the destructive unrest that hacked an estimated R50 billion from the GDP, there are few reasons for businesses to be optimistic about South Africa.

On top of this, the World Bank projects that the South African economy will rebound to a positive but modest 3% in 2021, and Statistics South Africa's Quarterly Labour Force Survey found that unemployment hit 34.4%, the highest levels since the inception of the survey in 2008.

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