South Africa is generally a divided, unhappy and increasingly corrupt country with its growth potential hampered by contradictory and ever-changing government policy.

It needs fast economic growth to reduce high unemployment and poverty but that has not been forthcoming for two reasons. The first is that expenditure to redress the apartheid legacy has reduced the resources available for investments in the knowledge economy through investments in research and development, infrastructure and tertiary education.

Why South Africa’s economy is likely to grow more slowly than its potential