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Though African nations have enhanced economic freedom since the beginning of the new millennium, most have a long way to go before fully embracing the rule of law and economic liberalisation, which would unquestionably spur economic growth and prosperity.
The …Continue reading
Emerging out of the horrific spasm of genocide that claimed more than 800,000 of the minority Tutsi ethnic group in 1994, Rwanda has chalked up some spectacular economic performance. Its rate of economic growth has averaged 8 percent since 2001 …Continue reading
In the Economic Freedom of the World (EFW) 2019 Report, South Africa ranks 101 out of 162 countries. This is a fall of two places from last year but is a massive fall of 54 places since 2000 when the …Continue reading
We save in order to spend in the future. To do this effectively, we need to know that our future spending power will be at least equal to current spending power, that the savings will “store value”. In this article …Continue reading
You cannot legislate people out of poverty. You cannot regulate jobs into existence. Jobs need to be created, and at the moment, the South African government is slowly but surely suffocating businesses’ ability to create jobs by continuously adding more …Continue reading