South Africa’s economic woes largely self-inflicted – CDE

While the historical legacy of apartheid and the global economic slowdown have contributed to South Africa’s poor economic growth, Centre for Development and Enterprise (CDE) executive director Ann Bernstein stated that South Africa’s economic woes were predominantly owing to government’s policy choices. Speaking at IQ Business’s smartgrowth.co.za business conference, held in Sandton earlier this month, Bernstein highlighted that while government had put in place policies to address South Africa’s poor economic growth, with a current gross domestic product (GDP) below 1%, it was not at the “heart of national priority”.