"SA HAS fallen one slot in the World Economic Forum’s (WEF) annual Global Competitiveness Report rankings, released yesterday, mainly because of the business community’s concern about crime and the country’s inability to adopt new information technologies.
While SA’s sound macroeconmic policies are praised, the WEF says business “continues to be concerned about rising crime and corruption, which add to business costs and undermine productivity”.
Added to this was the erosion in indicators showing access in SA to computers and the internet — at a time when other countries, particularly in Asia, are moving ahead speedily on these fronts — and in the university enrolment rate."
While SA’s sound macroeconmic policies are praised, the WEF says business “continues to be concerned about rising crime and corruption, which add to business costs and undermine productivity”.
Added to this was the erosion in indicators showing access in SA to computers and the internet — at a time when other countries, particularly in Asia, are moving ahead speedily on these fronts — and in the university enrolment rate."