South Africa: Rekindling Hope Is the Missing Elixir Needed to Fix South Africa's Economy

analysis

South Africa's election season is underway. But current debates are stuck in a time warp. The country needs to look beyond the familiar nostrums that have held sway for much of its first decades of democracy.

In his February, 2019 State of the Nation speech, President Cyril Ramaphosa followed the classic fix-the-business-environment formula for job creation. He set a target to move South Africa's performance up from 82nd to the top 50 in the World Bank's ease of Doing Business ratings within the next three years.

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