SA falls five places in WEF global rankings

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Peter7

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http://www.businessday.co.za/articles/topstories.aspx?ID=BD4A278195

SA, which was ranked 40 last year in the World Economic Forum’s (WEF’s) Global Competitiveness survey, has fallen back to 45th place according to this year’s report released today.
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"Despite significant achievements since the ending of apartheid in 1994, South Africa is in many ways still struggling with its legacy, including gross inequalities, high unemployment, major skill shortages, and a striking dichotomy between first and third world characteristics," said the WEF.
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"While economic growth is essential, it is not a guarantee of employment creation, and South Africa’s unemployment situation is grave," the WEF said.
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Stark contrast to the earlier news articles bragging how our unemployment rate has dipped.

The countries that have moved above SA now are Barbados (new entrant at 31), Qatar (now 38, previously 48 — move in part due to Sasol Oryx project), Malta (39, previously 44), India (43, previously 45) and Kuwait (44, previously 49).
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"Despite significant achievements since the ending of apartheid in 1994, South Africa is in many ways still struggling with its legacy, including gross inequalities, high unemployment, major skill shortages, and a striking dichotomy between first and third world characteristics," said the WEF.

.......wonder why that is.....1 Million skilled whites are in other countries....especially Qatar and Kuwait....and look how they are rising......but God forbid that ANYONE mentions that AA is bad for this country.

This country needs to wake up....but looking at the rest of Africa it's never gonna happen.
 
To read that outside of the context of AFRICA would be a mistake. South Africa's performance is slowly re-aligning with that of its neighbours. Apartheid IMO (wrong as it was) ensured SA was governed according to different values and cultural mechanics than that of the rest of Africa. This is why we are more advanced than any other African nation despite us being the furthest away from the major world markets...
 
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