Kevin Lings (Stanlib chief economist.) talks about turning SA around and how it needs to get done.
As SA tries to engineer an economic revival, improving the country’s growth rate is becoming increasingly critical, and it hinges on revitalising key components of the economy. Stanlib has compiled a list of 12 key indicators to which it is paying close attention and scoring monthly to assess if SA is making meaningful progress towards an economic turnaround.
The ranking began in January following the election of Cyril Ramaphosa as ANC and South African president, and the ensuing "Ramaphoria". The 12 indicators focus on a range of variables including political stability, policy clarity, business confidence, employment, capital expenditure, housing activity and consumer income...……….
Is SA on the right track?