South Africa loses top spot in Africa

[Shaun Jacobs]

South Africa loses top spot in Africa

The gap between South Africa and its peers on the continent has closed over the past 15 years. While South Africa has stagnated, other African economies have developed at rapid pace.

 

[ToxicBunny]

Squirrel will be shocked I tell you, shocked!

Oh and MOAR BEE!

 

[Brian_G]

Squirrel will be shocked I tell you, shocked!

Oh and MOAR BEE!

Lol, look at the article - they've used a shocked Cyril photo

 

[Brian_G]

Mozambique?!? Surely not

One thing African economies lack is access to reliable data, which is why Standard Bank produces its African Trade Barometer.

The latest edition shows that South Africa has slipped from its top spot on the index, with Mozambique replacing it as number one on the tradability index.

Standard Bank explained that the categories underpinning the ranking are macroeconomic environment, stability, government support, infrastructure constraints, openness, financial behaviour, and access to financing.

This is combined into the Standard Bank 3-year Quantitative Trade Barometer, where South Africa dropped to second place as well.

 

[RazedInBlack]

Behind the Seychelles, Mauritius, and Egypt, South Africa only ranks first in one category – forex stability and liquidity.

Lets see how long it take for SA to fall behind on this one

 

[naughty001]

South Africa is now being recognized as the dump that the ANC has made it become

 

[My_King]

Hos ja, ons kan nou patla patla en jive

 

[Bad Ballie]

Just settling into its deserved place as a third world dive.