South Africa’s Fiscal Challenges and the Road to Recovery

South Africa’s economy has been through turbulent times, especially since the onset of the COVID-19 pandemic. After a brief recovery in 2021, the economy’s growth rate dropped from 1.9% in 2022 to a mere 0.6% in 2023. This decline reflects deeper, structural issues in the country’s economic framework. Public sector inefficiencies, infrastructure deficits, and cumbersome […]