Friday, 13 August 2010

South Africa - could do better

South Africa needs a greater emphasis on productivity and competitiveness to boost economic growth and job creation, the World Bank said recently.

"South Africa's business environment compares favourably to its peer group of upper-middle-income economies globally," lead author of the report Taye Alemu Mengistae told a briefing in Benoni on Johannesburg's East Rand.

However, he called for greater efforts to raise the market share of efficient, high-performing enterprises, enhancing productivity, and increasing export competitiveness for job-led, sustainable economic growth.

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