Economist Urges Reforms as South Africa’s GDP Shrinks by 0.3%

Economist Urges Reforms as South Africa’s GDP Shrinks by 0.3%

In S.A, North-West University Business School economist, Raymond Parsons, has called for urgent economic reforms following the disappointing gross domestic product growth figures for the third quarter, when it decreased by 0.3-percent. Parsons calls for more investment and faster reforms from both the public and private sectors to drive job-rich growth and improve the economy:

December 4, 2024 13

South Africa

S.A Economist Urges Urgent Reforms as South Africa’s Unemployment Rises to 33.5%

South African economic expert, Raymond Parsons calls for immediate economic reforms in response to the unemployment rate rising to 33.5%. He stresses the need for structural changes to stimulate job-rich growth and improve business confidence, particularly to reduce youth unemployment and secure a sustainable economic future.

August 14, 2024 18