South African Economy: Current State and Future Projections

This article discusses the current state of the South African economy, including its ranking in Africa and global competitiveness. It highlights the shift towards a service-oriented economy and the challenges of skills gaps and low savings. The article also explores the projected performance of the South African economy over the next 10-20 years, considering factors such as demographics, education, and inequality. It concludes with the potential for high growth rates and strategies to achieve them.