WATCH: SA slipping down economic freedom table

[BeerIsNotGood...]

WATCH: SA slipping down economic freedom table | IOL Business Report

South Africa’s economic freedom has dropped 54 places in only 19 years to a ranking of 101 out of 162 countries.

www.iol.co.za

CAPETOWN – South Africa’s economic freedom has dropped 54 places in only 19 years to a ranking of 101 out of 162 countries, according to the Economic Freedom of the World (EFW) 2019 Report released on Friday.

The country is reeling from a bloody nose dealt on Thursday as business confidence plummeted to a 20-year low in the third quarter, as revealed by the Rand Merchant Bank and Bureau of Economic Research Business Confidence Index.

The country’s 101st ranking is effectively a decline of two places from last year, but still a far cry from when South Africa achieved an enviable ranking of 47 in 2000 and was in the top 30 percent of economically free countries.

 

[BeerIsNotGood...]

Country Rankings: World & Global Economy Rankings on Economic Freedom

Country rankings based on economic freedom. World and global economy rankings from the Index of Economic Freedom are published by The Heritage Foundation.

www.heritage.org

 

[Temujin]

Shocked

 

[ponder]

 

[BeerIsNotGood...]

WATCH: SA slipping down economic freedom table | IOL Business Report

South Africa’s economic freedom has dropped 54 places in only 19 years to a ranking of 101 out of 162 countries.

www.iol.co.za

It's 102 now

 

[Deadmanza]

Viva ANC Viva.
Another brilliant and noteworthy achievement from the ANC Cunts.

 

[santaman202]

Yet we have a 20 ft bronze statue of a man in sandton square that endorsed a regime which crippled the country. Hard to be optimistic in modern day South Africa

 

[Temujin]

“We need to get the economy moving. We need new ideas to solve old problems,” said Mboweni.

Print moar money and ewc... that'll fix everything

 

[ShaunSA]

We can blame that bastid JvR for all of this!

 

[Emjay]

“We need to get the economy moving. We need new ideas to solve old problems,” said Mboweni.

Here is an idea: let's go back to basic capitalistic principles and ethical standards.

We know how to fix it. There is just zero political will.

Or, he is actually only really interested in drawing more blood from stone (i.e. tax payers).

 

[ɹǝuuᴉM]

Viva ANC Viva.
Another brilliant and noteworthy achievement from the ANC Cunts.

That is Affirmative Action for you. And it will get worse! Wait until they kill the 1. pension funds and 2.private medical care and 3. commercial farmers. It might take another decade or two but eventually all my 3 points will be implemented to "reverse past imbalances".

 

[TysonRoux]

Viva ANC Viva.
Another brilliant and noteworthy achievement from the ANC Cunts.

Amandla