South Africa’s global competitiveness has dropped one place – from 52 to 53 – in the latest report produced by the International Institute for Management Development.
The Institute cites a lack of sustainable and inclusive growth, high levels of structural unemployment and a lack of access to quality education as some of the reasons for the country’s continued poor performance in global competitiveness.
Despite poor performances on the economic indexes, the report notes that South Africa is ranked highly when it comes to the cost of living and effective personal income tax rates.
Press SANRAL Building on 30 Years of Democracy 2 years ago 0 210613 Press SANRAL ADVISES ROAD USERS OF CLOSURE ON R40 NATIONAL ROAD BETWEEN WHITE RIVER AND HAZYVIEW 12 months ago 0 81019 Press SANRAL announces new R2.2 billion project and Contractor Development Programme for N2 Wild Coast Road 2 years ago 0 66445 Press N14 circles in Kathu support industrial development in the Northern Cape 2 years ago 0 60250 Uncategorized UPDATED TRAFFIC ADVISORY: N3 road closure and rescue operations 1 year ago 0 60007 Press Temporary Lane Closures on N17-2, N12-19, N3-12 and R21 OR Tambo for Overhead Sign Replacement. 6 months ago 0 49593 Press N3 FULL ROAD CLOSURE NEAR MARKET ROAD, PIETERMARITZBURG FOR THE DEMOLITION OF THE EXISTING N3 MARKET ROAD OVERPASS BRIDGE 7 months ago 0 46837