South Africa needs nothing less than bold reforms capable of giving citizens a realistic chance of getting ahead through much faster economic growth, increased employment, effective socio-economic empowerment, and a sustainable safety net that helps integrate even the poorest into an innovative and expanding economy.
The proposals outlined in this report provide a credible foundation for sustainable growth rates of 7% of GDP within a decade – provided the Eskom growth constraint is removed and the policy environment is appropriately reformed. This will allow South Africa to combat unemployment, poverty and inequality, live up to its great potential, and emerge as a prosperous middle-income economy by the 2030s.
