ISAAH MHLANGA: State’s investment strike contradicts its employment ambitions
To create jobs SA needs to focus on investment- and not consumption policies such as the basic income grant
Investment by the general government contracted 1.4% per year on average between 2010 and 2020. Investment by public corporations contracted 5.1%, while private sector investment contracted just 0.2% over the same period. Consequently, total investment in the country contracted an annual average of 1.2%...
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